9min chapter

Macro Musings with David Beckworth cover image

George Selgin on Fed Master Accounts, Central Bank Independence, and the Fed’s Balance Sheet

Macro Musings with David Beckworth

CHAPTER

Trump's Presidency and the Federal Reserve: Implications and Challenges

Exploring the potential impact of Trump's presidency on the Federal Reserve, this chapter delves into concerns about political influence on FOMC decisions and the importance of maintaining Fed independence. It examines different views on inflation management and the risks of executive interference in central bank operations.

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