Economists petition lawmakers for Fed independence

congress

A group of prominent American economists have petitioned Congress and the Executive Branch to reaffirm their support for the Federal Reserve's monetary independence.

In their Petition on Fed Independence, the economists warned a lack of central-bank independence posed three risks to the economy.

The economists said independence was "essential" for curbing inflation and that lender of last resort decisions should not be politicised. Calls to alter the structure or personnel selection of the Feder

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: