Bloomberg Businessweek Weekend - July 18th, 2025
Bloomberg Businessweek
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Political Pressure and the Fed's Independence
This chapter examines the potential impacts of political maneuvering on the Federal Reserve's credibility, particularly in light of recent criticisms aimed at its chair. It features insights from former officials and economists discussing the historical context of political interference and the possible consequences for inflation control and market stability. The conversation also reflects on recent comments regarding Fed Chair Jerome Powell, assessing the implications of his leadership amidst economic challenges.
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