-
A proposal for reducing a risk to Fed independence
The Federal Reserve can and should change the way the terms of its 12 regional Fed bank presidents are structured to better insulate them from political pressure. Congress, through the Banking Act of 1935, established most of the elements of the Fed’s structure that enable the US central bank to make monetary policy decisions one step removed from partisan political control. The legislation removed the Treasury secretary and the comptroller of the currency from their ex officio positions on the Federal Reserve board of governors. The bill specified that the US president could only remove Fed board members “for ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From @financialjuice|Sep 12, 2025Simkus: Inflation has stabilized at the targeted level Simkus Labor Market in Good Situation Simkus: Economic activity quicker than previously observed. Simkus: Inflation Risks Significantly High
From finance.yahoo.com|Sep 11, 2025Bitcoin hit an all-time high of nearly $125,000 last month, but here’s the twist nobody saw coming: September—historically the digital asset’s weakest month—might actually be when ...
From thestreet.com|Sep 11, 2025The world's largest asset manager BlackRock (NYSE: BLK) is planning to tokenize exchange-traded funds (ETFs) following the success of its Bitcoin ETF, Bloomberg reported on Sep. ...
-
- Newer Stories
From ons.gov.uk|Sep 12, 2025Real gross domestic product (GDP) grew by 0.2% in the three months to July 2025 compared with the three months to April 2025, down from three-month-on-three-month growths of 0.3% ...
From @financialjuice|Sep 12, 2025ECB's Kazaks: ECB forecast very similar to where it was in June ECB's Kazaks: Risk still remains elevated ECB's Kazaks: There cannot be a predetermined path for ECB. ECB's Kazaks: Meeting-by-meeting approach is still right ECB's Kazaks: Meeting-by-meeting approach is still right
From @C_Barraud|Sep 12, 2025#ECB VILLEROY: SEVERAL OF US UNDERLINED DOWNSIDE INFLATION RISKS - BBG *VILLEROY: UPWARD RISKS TO INFLATION ARE LOWER THAN DOWNWARD *VILLEROY: ANOTHER RATE CUT IS POSSIBLE IN COMING MEETINGS
