Trump's Criticisms Highlight the Importance of an Independent Fed
TL;DR Summary
The article discusses the tension between President Trump's calls for the Fed to cut interest rates and the traditional independence of the Federal Reserve, highlighting potential political interference, the costs of Fed headquarters renovation, and the broader implications for U.S. economic policy and legal battles over Fed leadership.
Topics:business#central-bank-independence#economy#federal-reserve#interest-rates#jerome-powell#trump-administration
- Trump's Powell attacks show why Fed was designed to be independent Axios
- Opinion | If You Like 35 Percent Inflation, Go Ahead, Fire the Fed Chair The New York Times
- A Politically Captive Fed Would Be a Weak Fed Bloomberg
- Opinion | Trump May End Up Sorry He Tried to Control the Fed The Wall Street Journal
- Opinion | Trump’s attacks on the Fed are worse than you think The Washington Post
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