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BTCC / BTCC Square / Global Cryptocurrency /
Fed Independence Maintained Amid Trump Pressure, Inflation Data Scrutinized

Fed Independence Maintained Amid Trump Pressure, Inflation Data Scrutinized

Author:
Global Cryptocurrency
Published:
2025-12-14 21:01:01
10
2
BTCCSquare news:

White House economic adviser Kevin Hassett affirmed the Federal Reserve's independence despite President Trump's expressed desire for influence over monetary policy. The Federal Open Market Committee retains sole authority over interest rate decisions, with Trump's views carrying no formal weight unless supported by empirical data.

Inflation metrics remain contentious, with Hassett defending Trump's claims of falling prices. While official indices show year-over-year increases, the administration highlights specific commodity declines—including prescription drugs and gasoline—as evidence of economic improvement under the current administration.

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