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Federal Reserve Governor Bowman: The independence of the Federal Reserve in monetary policy is very important

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2025-07-22 13:02:48
Bowman said on Tuesday that the Fed's ability to set monetary policy without political interference was "very important".
In an interview with CNBC, Mr. Baumann said: "It is very important that we maintain our independence in monetary policy, but as part of that independence we also have an obligation to be transparent and accountable. It seems to me that we have an obligation to listen to a variety of voices and understand how others see the economy and how that will affect our decisions in monetary policymaking."
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