#interest-rate-policy

#interest-rate-policy

Powell quickly responded with a press release asserting the investigation is less about financial misconduct and more about political influence of Fed policy-making: "The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the President," accusing the Administration of attempting to influence Fed interest rate policy (i.e., demanding the Fed lower interest rates more, and more often).

Are finance chiefs simply adapting to this unending unpredictability? "Uncertainty has become the new norm," Steve Gallucci, global and U.S. leader of Deloitte's CFO Program, said during our discussion of the firm's Q3 2025 CFO Signals report released this morning. Gallucci emphasized that it's critical for CFOs to foster strategies and mechanisms designed to manage persistent variability-a reality that's unlikely to change soon. According to the report, the CFO confidence score came in at 5.7, slightly up from last quarter's 5.4 reading.