President Donald Trump’s relentless calls for dramatic reductions in interest rates, along with his ability to make changes to the Federal Reserve’s leadership, is drawing more attention to the way monetary policy decisions are made — and the people who make them.

The Federal Reserve resisted pressure from the White House last week and left its policy rate unchanged. It was the right decision. As Chair Jerome Powell acknowledged, the case for a cut was a bit stronger this time than in June — and two of the Fed’s policymakers,

Fed Chair Jerome Powell said the economy is solid — and that it's also too early to tell how tariffs will affect it.