Goolsbee Urges Fed Independence

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monetary policy

CNBC

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US Politics

Chicago Fed's Goolsbee says Fed independence is 'critically important' for its inflation fight

Summary

Nutrition label

71% Informative

Austan Goolsbee : "Inflation is higher, unemployment is higher and growth is worse" President Donald Trump is increasing criticism of Fed Chair Jerome Powell .

Trump has said that Powell should have lowered interest rates.

White House economic adviser Kevin Hassett said Friday that Trump and his team are assessing whether to remove Powell .

VR Score

Informative language

Neutral language

Article tone

semi-formal

Language

English

Language complexity

Offensive language

not offensive