Article Title: How the Fed weighs 'political risk' behind closed doors
Snippet of Article: "Jay Powell said this past week that pending elections don't get discussed at Federal Reserve meetings, challenging reporters to read the transcripts for themselves.
"I can't say it enough: We just don't go down that road," the Fed chair told reporters Wednesday... But political topics still came up repeatedly as Fed officials wrestled with decisions that affected the US economy.
The transcripts show central bank policymakers weighing both the possible economic impacts of political events — including elections and the coming of a new president — as well as the potential political reaction to their decisions. ...Throughout the seven meetings that Powell went on to chair in 2018, as one example, the term "political" was uttered 40 times, according to a search of the transcripts.
It came up as committee members discussed everything from then-President Trump's trade policy to..."
Source: yahoo.com
