Maintaining a Public Neutrality Towards the Fed

During Bill Clinton's time in the White House, he privately expressed anger towards the Fed for not maintaining a zero federal funds rate, but he never criticized the Fed publicly. His administration adopted a neutral stance when asked about the Fed, refraining from commenting positively or negatively on their actions. This departure from past presidents, who often criticized the Fed for being too strict, was significant and contributed to a positive relationship between the Clinton administration and the Federal Reserve.