Reported about 3 hours ago
The independence of the Federal Reserve is under scrutiny as President Trump aims to change key officials, raising concerns about its role in avoiding a recession. Moody's chief economist Mark Zandi emphasizes that Fed independence is crucial for economic stability and warns that any loss of this independence could lead to negative consequences, including a potential recession which the Fed is keen to avoid. As the nomination process for new Fed officials unfolds, the implications for economic policy become increasingly significant.
Source: YAHOO