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December 5, 2024

Powell: Independence from politics is vital to its interest rate decisions

By By CHRISTOPHER RUGABER AP Economics Writer 

WASHINGTON (AP) — Chair Jerome Powell said Wednesday that the Federal Reserve’s ability to set interest rates free of political interference is necessary for it to make decisions to serve “all Americans” rather than a political party or political outcome.

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March 30, 2026
Catch up on all the latest news from around the region in Tuesday’s Mon Valley Independent.
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By LADIMIR GARCIA lgarcia@yourmvi.com 
March 30, 2026
The deal doesn’t apply to other parts of the Herman Mihalich River Launch. Monessen council unanimously approved an agreement with the U.S. Army Corps of Engineers last week for work on the boat ramp ...
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By JACK TROY TribLive 
March 30, 2026
The utility says it needs additional money for infrastructure upgrades. Peoples Gas wants to raise rates for the average residential customer by just over $16 a month, according to a request filed Fri...
EASTER EGG TREASURES IN MONONGAHELA
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March 30, 2026
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