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Harris “does not intervene in the decisions of the Fed”, showing clear differences with Trump

On the 10th, Democratic presidential candidate Vice President Harris admitted that the US Federal Reserve (Fed) is an independent agency, and promised that if she wins the presidential election in the -November, that she would not interfere with the Fed’s policy decisions. Representative photo in Phoenix, Arizona, US (2024 Reuters)

[フェニックス 10日 ロイター] – Vice President Harris, the Democratic presidential candidate, announced on the 10th that the US Federal Reserve (Fed) is an independent agency, and if she wins the presidential election in November, she will not interfere with the Fed’s policy decisions.

He spoke to reporters in Phoenix, Arizona, where he was on a campaign trip.

Former Republican presidential candidate Trump said on the 8th that the president should have a say in Fed decisions. See more

Harris has been very vocal about her stance with Trump, saying she strongly disagrees with Trump’s views.

He also said he would soon announce policies focused on the US economy, “focusing on what we need to do to reduce costs and strengthen the overall economy.”

The July earnings report announced on the 2nd weak, caused confusion in global stock markets due to concerns about the possibility of a US economic recession and the reaction of the Federal Reserve, but Harris said that the market is calm a regarding these concerns he said he would wait to see what the Fed’s next decision would be.

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Jeff Mason is a White House correspondent for Reuters. He has covered presidents Barack Obama, Donald Trump and Joe Biden and the presidential campaigns of Biden, Trump, Obama, Hillary Clinton and John McCain. He served as president of the White House Correspondents’ Association in 2016-2017, leading the media group in advocating for press freedom in the early days of the Trump administration. His work and the WHCA were recognized with Deutsche Welle’s “Freedom of Speech Award”. Jeff has posed pointed questions to domestic and foreign leaders, including Russian President Vladimir Putin and North Korea’s Kim Jong Un. He is the winner of the WHCA’s “Excellence in Presidential News Coverage under Deadline” award and co-winner of the Business Journalists Association’s “Breaking News” award. to Brussels, Belgium, where did he cover the European Union.

2024-08-11 04:30:14
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