Trump's Pressure on Fed Governor Cook Raises Independence Concerns

Reported about 7 hours ago

The Trump administration's push for Fed Governor Lisa Cook to resign has sparked fears about the independence of the Federal Reserve. With a letter proclaiming Cook's immediate dismissal amid allegations, experts weigh in on the potential implications for monetary policy and the Fed's ability to operate without political influence, especially as the economic outlook shows inflation slightly above target and risks of rate cuts being influenced by political agendas.

Source: YAHOO

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