Preserve the Fed’s Independence above All Else | WHAT REALLY HAPPENED X-Frame-Options: SAMEORIGIN

Preserve the Fed’s Independence above All Else

With higher-than-normal inflation and an administration dead-set on massive spending measures, the independence of the Federal Reserve is of vital importance. Fed chairman Jerome Powell’s term expires in February 2022, and President Biden can either renominate Powell to another term or choose a replacement. When making that decision, he’d be wise to keep the central bank’s independence at the front of his mind.

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