Joe Biden's Promise of Independence to the Fed

US President Joe Biden once again pledged independence before meeting with Fed Chairman Jerome Powell.

Joe Biden's Promise of Independence to the Fed. The 46th President of the USA, Joe Biden, made important statements before his meeting with Fed Chairman Jerome Powell to evaluate the economic talks. Biden stated that he would specifically avoid focusing on interest rate policy during the meeting and would let him do his own business. Biden stated that he was entitled to the inflation-priority policy of the FED and informed that experts on the subject were appointed to the institution. It was learned that the US Treasury Secretary Janet Yellen will also attend the meeting between the two. During the meeting, it was stated that economic developments such as the situation in the USA and the global economy and inflation, which was at its peak in 40 years, would be evaluated.