Reported about 2 months ago
At the recent Jackson Hole Economic Policy Symposium, concerns were raised about potential political influences on Federal Reserve decision-making. Former Cleveland Fed President Loretta Mester asserted that politics do not affect Fed meetings. Similarly, Jon Hilsenrath described the political atmosphere, particularly regarding former President Trump’s criticisms of the Fed, as something not openly discussed in policy meetings. He noted that despite the Fed's aim to remain neutral, political pressures are challenging to ignore, especially as the Fed considers rate cuts driven by economic data.
Source: YAHOO