Former Treasury Chief Warns: Fed Independence Under Threat
Recently, former US Treasury Secretary Janet Yellen made public remarks on the ongoing inquiry involving Federal Reserve Chair Jerome Powell, calling the situation deeply troubling.
Yellen stressed that the Fed, as an independent institution, must be free from external influence. She noted that market stability hinges on trust in that independence.
How Should Markets Respond?
She advised investors and market observers to closely follow the Fed's decision-making process and evaluate whether it remains impartial and data-driven.
- Monitor the reasoning behind policy moves
- Assess potential risks of political interference
- Strengthen awareness of financial system vulnerabilities
Her comments have reignited a broader conversation about the importance of central bank autonomy.