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Fed Independence Under Siege
Published 11 months, 4 weeks ago
Description
President Donald Trump is taking a sledgehammer to the notion of Federal Reserve independence by putting immense political pressure on the central bank to cut interest rates. How might the loss of an independent Fed affect the US economy and market sentiment? We discuss this with Mark Spindel, Chief Investment Officer of Potomac River Capital. He co-authored the book "The Myth of Independence: How Congress Governs the Federal Reserve.
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