First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/08/22/study-reveals-the-myth-of-federal-reserve-independence-003400
<p><img src='https://www.moneymetals.com/uploads/content/Study-Reveals-the-Myth-of-Federal-Reserve-Independence.jpg'/></p>According government people, the Federal Reserve is an "independent institution" objectively running monetary policy. But according to a recent empirical study, Fed independence is nothing but a myth.
<p><img src='https://www.moneymetals.com/uploads/content/Study-Reveals-the-Myth-of-Federal-Reserve-Independence.jpg'/></p>According government people, the Federal Reserve is an "independent institution" objectively running monetary policy. But according to a recent empirical study, Fed independence is nothing but a myth.