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Goldman Vice Chairman and Former Fed Official Kaplan on Rate-Cut Dilemma

WSJ's Take On the Week

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Navigating American Exceptionalism and Federal Reserve Independence

This chapter examines the concept of American exceptionalism and its effects on the U.S. economy and market trust. It emphasizes the crucial role of an independent Federal Reserve in shaping monetary policy amid political influences and discusses the need for structural reforms to maintain both national and international confidence.

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