Monday, June 30, 2025

End of Fed Independence?

The Independent Federal Reserve Is on Death Row
https://www.bloomberg.com/opinion/articles/2025-06-30/the-independent-fed-is-on-death-row  
Disempowering the Fed just as concerns mount about tariff-driven inflation and surging public debt threatens a perfect economic storm.

Fed independence is already dead: Trump will get his monetary bailout
https://www.telegraph.co.uk/business/2025/07/01/fed-independence-already-dead-trump-monetary-bail-out/

 
President Trump has repeatedly attacked Jerome H. Powell, chair of the Federal Reserve, for resisting his demands for lower interest rates.
https://www.nytimes.com/2025/06/30/business/trump-powell-fed-handwritten-note.html