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Federal Reserve Chairman Jerome Powell speaks Monday, Oct. 7, 2019, in Salt Lake City, before the premiere of a film commemorating Marriner Eccles, who led the Fed from 1934 until 1948. Powell is stressing the importance of an independent central bank "absolutely free" from politics. Powell's comments Monday in Salt Lake City came after President Donald Trump has repeatedly pressured Powell to lower interest rates and said the United States is missing out on economic opportunities because of "boneheads" at the Federal Reserve. (AP Photo/Rick Bowmer)

Federal Reserve Chairman Jerome Powell speaks Monday, Oct. 7, 2019, in Salt Lake City, before the premiere of a film commemorating Marriner Eccles, who led the Fed from 1934 until 1948. Powell is stressing the importance of an independent central bank "absolutely free" from politics. Powell's comments Monday in Salt Lake City came after President Donald Trump has repeatedly pressured Powell to lower interest rates and said the United States is missing out on economic opportunities because of "boneheads" at the Federal Reserve. (AP Photo/Rick Bowmer)

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