Reported 2 days ago
After a period of aggressive intervention during crises, the Federal Reserve's role under Chair Jerome Powell is shifting back to traditional monetary policy. This change comes as inflation stabilizes and interest rates return to historical norms, sparking discussions on whether the Fed's expanded powers during recent economic turmoil are still necessary. Analysts suggest that with the economy on a balanced path, the Fed may step back and allow fiscal policies to take precedence.
Source: YAHOO