Andrew Levin on the Costs and Benefits of QE4 and the Future of the Fed’s Balance Sheet
Macro Musings with David Beckworth
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The GAO's Oversight of the Federal Reserve
Two-thirds of the Federal Reserve's liabilities are interest bearing. The Fed is effectively becoming another party that manages U.S. public debt. I don't see how that would undermine or interfere with the Federal Reserve’s independence to be able to set interest rates.
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