Does the Federal Reserve have too much power and independence in setting monetary policy? Respond in 200 words

asked Dec 22, 2023 99.5k views

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Does the Federal Reserve have too much power and independence in setting monetary policy?

Respond in 200 words

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Answer:

The primary justification for an independent Federal Reserve is the need to insulate it from short-term political pressures.

Adrien Joly answered Dec 27, 2023

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