
Tariffs, The Fed, and Macro Focus with Morgan Stanley’s Ellen Zentner
Masters in Business
00:00
Stability Amidst Politics
This chapter examines the critical importance of the Federal Reserve's independence and the threats posed by politicization. Through historical examples, particularly the Nixon era and the inflation crises of the 1970s, it underscores the necessity of independent monetary policy to safeguard against economic instability. The discussion further highlights the influence of key financial roles, market perceptions, and the personal mentors who shaped the speaker's economic perspective.
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