The Fed Claims to Be Independent. That’s Mostly a Myth.



The Fed Claims to Be Independent. That’s Mostly a Myth.

The Upshot

http://ift.tt/2ikzrZ9

United States Economy, Interest Rates, United States Politics and Government, Banking and Financial Institutions
October 19, 2017 at 05:00AM
Author --- SARAH BINDER and MARK SPINDEL

Source> -- The New York Times
Keywords -- United States Economy, Interest Rates, United States Politics and Government, Banking and Financial Institutions History shows that the central bank needs to maintain broad political and public support, or risk having its autonomy curbed by Congress and the president.

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