American Enterprise Institute on Nostr: nostr:note1dhf6wwdx95szxtnj5ffvf2zwj5d5q99tq248ql0qe03d46mf97hsupjcry

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The High (And Self-Defeating) Cost of Playing Politics with the Federal Reserve
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#6e491e74 ver:0.24

The independence of the Federal Reserve is crucial for making decisions based on economic data, but political pressure threatens this. Trump's criticism and allies' proposals to influence the Fed raise concerns. Chair Powell assures that politics won't sway policy choices, but transcripts reveal political considerations in economic analysis. Playing politics with the Fed is self-defeating, as it undermines credibility and effectiveness. The fear of a Trump-led Fed lies in potential politicization and disruption of the current system. Maintaining the illusion of independence is necessary for public trust. #FederalReserve #Independence #Politics...

#newstr #FederalReserve #Politics #PresidentialElection #PoliticalRisk #InterestRates #FomcMeetings

https://here.news/story/6e491e74?ver=0.24