Biden meets with Powell, urges respect for Fed ...Middle East

President Biden met with Federal Reserve Chair Jerome Powell at the White House on Tuesday and urged respect for the Federal Reserve Board amid high inflation. “My plan is to address inflation, starts with a simple proposition: respect the Fed, respect the Fed’s independence, which I have done and will continue to do,” Biden said in the Oval Office. The president said that part of his job is to nominate people for the Fed and to “give them the space they need to do their job, not interfere with their critically important work.” He congratulated Powell on his recent Senate confirmation to a second term as chair. The meeting is the first time the two have meet since November. Bi

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Last updated : 31 May 2022 clock 10:00 PM

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Biden meets with Powell, urges respect for Fed ...Middle East

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