Reported about 5 hours ago
Harvard professor Jason Furman discusses the need for the Federal Reserve to adopt clear monetary policy rules during an interview with Market Domination hosts. He argues that publishing regular explanations of its actions in relation to these rules would enhance transparency and public understanding, especially in cases like the recent rate cut, which seemed inconsistent with economic indicators. Furman suggests that relying on established rules rather than solely on judgment could improve the Fed's decision-making process.
Source: YAHOO