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Federal Reserve Governor Cook Reaffirms Fed Independence After Supreme Court Ruling on June 29

GateNews
According to PANews, on June 29, Federal Reserve Governor Cook expressed relief over the Supreme Court's decision and reaffirmed the Fed's commitment to independence from political pressure. Cook stated that the court's ruling upheld the principle that the Federal Reserve must make policy decisions based on evidence and independent judgment without political interference. Cook emphasized that Fed independence is essential for achieving Congress's mandates for price stability and full employment, and pledged to continue defending the Fed's political independence while serving the American people.
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