Kevin Hassett, a leading candidate for U.S. Federal Reserve Board chair, emphasized that President Donald Trump’s statements do not impact monetary policy decisions on interest rates.
Summary
No Summary provided as the original text is short
Terms & Concepts
Federal Reserve Board (FRB): The central banking system of the United States, responsible for setting monetary policy and regulating financial institutions.
Interest Rate Decisions: Policy determinations by a central bank to set the cost of borrowing money, influencing economic activity.