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Interest Rates Must Remain Disinterested: The Growing Threat to Central Bank Independence and Why It Must Be Preserved

12.17.19

by–Megan White

Of the many possible sites for a heated political showdown, the target federal funds rate hardly registers on the front lines. Yet in December 2018, US President Donald Trump took to Twitter to decry the US Federal Reserve’s decision to raise its benchmark rate. Breaking more than two decades of White House silence on monetary […]

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