Fed's George Says Trump's Rate-Hike Criticism Won't Sway Fed

The video discusses the Federal Reserve's decision to hike interest rates and the resulting economic implications. It addresses concerns from the Trump administration and emphasizes the Central Bank's independence and long-term focus. The committee's commitment to sustainable growth, employment, and inflation is highlighted, ensuring decisions align with congressional mandates.

What are the potential consequences of higher interest rates on the economy?

How does the design of the Central Bank help in making long-term economic decisions?

In what ways might the Federal Reserve be perceived as being influenced by political pressures?

What is the committee's focus according to the speaker?

What objectives does the committee aim to keep in front of them to serve the public well?