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Fed man walking? Trump v Powell

Economist Podcasts

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Tensions Between Presidency and Federal Reserve

This chapter examines the complicated relationship between a former president and the Federal Reserve, detailing the president's demand for lower interest rates amidst growing inflation. It highlights the challenges posed by incendiary rhetoric and the potential threat to the Fed's independence, raising concerns about market reactions and political implications. Legal hurdles regarding the removal of the Fed Chairman are also discussed, emphasizing the need for institutional integrity within U.S. governance.

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