Macro Musings with David Beckworth cover image

Skanda Amarnath on the Future of the Federal Reserve and its Framework

Macro Musings with David Beckworth

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The Fed at Risk: Political Pressures and Independence

This chapter explores the potential impact of a Supreme Court ruling on the Federal Reserve's independence, emphasizing the significance of political pressures in monetary policymaking. It examines historical instances of political influence and raises concerns about the stability and effectiveness of governance in light of shifting regulatory powers.

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