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Back Fundamental analysis
The Dollar Doesn't Believe in Myths
What if the idea of the
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What if the idea of the Federal Reserve's independence is just a myth? JPMorgan believes exactly that. The firm argues that the central bank has always interacted with the White House. At times, their paths diverge—as they do now—but the executive branch and the Fed are expected to coordinate policy. Cases like the one in 2025 are rare, and they understandably spark strong market reactions. It's no surprise that EUR/USD experienced a rollercoaster ride due to rumors about Jerome Powell's
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Marek Petkovich,
Analytical expert of InstaForex
© 2007-2025
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Urgency
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Igor Kovalyov
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