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12min chapter
Powell’s Last Stand | Danielle DiMartino Booth on May Fed Meeting 2024
Forward Guidance
Navigating Dissent and Fiscal Politics within the Federal Reserve
This chapter delves into the dynamics of dissent within the Federal Reserve, exploring historical contexts, current perceptions, and potential future scenarios. It discusses the implications of political pressures on Fed policies, including a hypothetical clash between President Trump and Fed Chair Powell over interest rates. The conversation also touches on fiscal policies under different U.S. presidents, Senate's role in controlling spending, and the impact of political affiliations on government spending and economic outcomes.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode