Fed Independence & Powering AI 11/12/24
Squawk Pod
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Reassessing Federal Reserve Independence
This chapter critically examines the independence of the Federal Reserve, sparked by Senator Mike Lee's proposals for reevaluation. It explores the Fed's perceived bias towards large banks and discusses the need for greater accountability and legislation in its operations. The conversation also tackles the complexities of monetary policy, interest rates, and the Fed's relationship with Congress amidst ongoing economic fluctuations.
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