Trying to play hardball with Trump? Powell emphasizes the independence of the Fed and refuses to make commitments on future interest rate paths.

According to the Zhixin Finance APP, Federal Reserve Chairman Powell stated at a press conference on Wednesday that the Federal Reserve will continue to remain independent in monetary policy making. He emphasized that the Fed will not actively seek to meet with any president and refused to make specific commitments on future interest rate paths, highlighting the uncertainty of policy in the current economic situation.