The Fed’s independence is hanging by a thread, and this ‘nuclear’ scenario would signal ‘things are truly going off the rails,’ economists say
via apnews.com
Short excerpt below. Read at the original source.
President Donald Trump’s attempt to fire a member of the Federal Reserve’s governing board has raised alarms among economists and legal experts who see it as the biggest threat to the central bank’s independence in decades. The consequences could impact most Americans’ everyday lives: Economists worry that if Trump gets what he wants — a loyal Fed […]