🏛 US Federal Reserve Should Forget Electoral Calendars
Published by OOPSONLINE.IN · Source: Livemint · 1 min read · · Updated
What actually happened
For the American central bank, playing politics to preserve its independence is a terrible strategy. The US Congress built the Fed precisely for moments of political pressure. To cave now would harm the Fed’s own case for independence.
Key points
- For the American central bank, playing politics to preserve its independence is a terrible strategy.
- The US Congress built the Fed precisely for moments of political pressure.
- To cave now would harm the Fed’s own case for independence.
Summary based on data provided by Livemint. Full article available at the original publisher.
- #politics
- #federal
- #reserve