Can the Fed stay independent?
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Fed Independence Under Scrutiny
This chapter examines the evolving relationship between the Federal Reserve and the White House, particularly focusing on interest rate policies and the implications for the Fed's independence. It discusses the political pressures faced by the Fed's chair and the potential impacts of recent legal developments on the Fed's structure and decision-making authority. Additionally, the chapter highlights ongoing concerns about the balance of power within the government and the future of the Fed in a changing political landscape.
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