Mester Says FOMC To Go Own Way If New Fed Chair Lacks Credibility
MNI FedSpeak Podcasts
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Navigating the Independence and Credibility of the Federal Reserve
This chapter explores the effects of presidential influence on Federal Reserve policy and the potential challenges for a new chair amid political pressures. It highlights the importance of consensus-building in the FOMC and the need for the Fed to maintain its independence to effectively manage monetary policy.
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