Goldman Sachs Chief Economist: The Federal Reserve is expected to continue making data-driven decisions and will not be swayed by survey pressures.
According to Odaily, Goldman Sachs Chief Economist Jan Hatzius stated on Monday that the threat of criminal prosecution against the Federal Reserve Chairman will intensify market concerns about the central bank's independence, but he expects the Fed will continue to make policy decisions based on economic data. Speaking at the 2026 Goldman Sachs Global Strategy Conference, Hatzius said: "Clearly, concerns about the potential impact on the Fed's independence are increasing, and the latest news of a criminal investigation into Chairman Powell further reinforces these worries." He added: "I have no doubt that Powell will continue to make decisions based on economic data for the remainder of his term and will not be swayed by pressure in any direction—whether it is raising or lowering interest rates, he will follow the guidance of the data." (Golden Ten Data)
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