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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