Powell: If the Federal Reserve maintains its independence, it will do better on inflation issues.

Golden Finance reported that Fed Chairman Powell said that if the Fed maintains its independence, it will do better on the issue of inflation. The Fed needs to maintain a high level of transparency, which requires the Fed to remain independent. Strong responses have been made to inflation, which helps anchor inflation expectations. Powell said that the Fed does not consider the interests of any political party when making decisions. Political factors may become disruptive factors.