Fed and Powell Under Fire, but Some Argue Independence Was Always an Illusion

Fed and Powell Under Fire, but Some Argue Independence Was Always an IllusionSince the Department of Justice (DOJ) opened a probe into the U.S. Federal Reserve over its renovation projects, and Chair Jerome Powell has brushed it off as a clash over monetary policy views, chatter about the central bank’s so-called independence has been everywhere. Rethinking the Fed’s Claim to Independence Plenty of people think U.S. President […]

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