#Fed #follow #law #data #Warsh
During testimony before the US Congress on July 14, Fed chair Kevin Warsh stressed that Federal Reserve decisions would be guided by economic data and its legal mandate.
Appearing in his first biannual appearance before the House financial services committee, Warsh was repeatedly asked by Democratic representatives if the US central bank would remain independent or if its decisions would be influenced by pressure from the White House.
Nydia Velázquez, a Democratic member of the committee, asked
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: www.centralbanking.com/subscriptions
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com
Governance – centralbanking.com
Source link