The Federal Reserve Board of Governors Bowman: The independence of the Fed in monetary policy is very important.

On July 22, Jin10 reported that Federal Reserve Board member Bowman stated on Tuesday that the Fed's ability to formulate monetary policy without political interference is "very important." In an interview with CNBC, Bowman said: "It is very important for us to maintain independence in monetary policy, but as part of that independence, we also have an obligation to maintain transparency and accountability. In my view, we have an obligation to listen to a variety of voices, understand how others view the economy, and how this will affect our decisions in monetary policy formulation."