Walsh: Interest rate decisions must be independent of political considerations

According to Politico, Walsh stated in his opening remarks that interest rate decisions must be independent of political considerations, and monetary policy should not serve short-term political goals. He emphasized that the credibility of the Federal Reserve comes from institutional constraints and policy discipline, and pointed out that politicians' comments on interest rate issues are not a threat, and the independence of the Federal Reserve depends on its own discipline and rigorous style. He promised to take full responsibility for stabilizing prices, 'no excuses, no excuses'.