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'Shadow Fed chair'

Reuters Econ World

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Monetary Policy Dynamics and Impact

This chapter explores the potential candidates for key monetary policy positions and their differing approaches to traditional practices versus radical changes. It delves into the decision-making complexities within the Federal Open Market Committee, the significance of dissenting votes, and the personal attributes of candidates influencing their appointments. Additionally, the discussion highlights public perceptions of the Federal Reserve and how interest rates affect everyday Americans, particularly those approaching retirement age.

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