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Fed Chair's advice for his successor: “Stay out of elected politics”

2026-01-28 210 Dailymotion

Federal Reserve Chairman Jerome Powell on Wednesday shared advice for his successor: "Don't get pulled into elected politics."

His comments came after the Fed announced it would hold interest rates steady at 3.50% to 3.75%, attempting to project an image of stability as the U.S. financial landscape splits into two jarring realities: a stock market at record heights and a currency under pressure.