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Bruce Yandle: No Matter How Mad President Trump Gets At Fed, The Bank Must Remain Independent


The relationship between presidents and central bankers is perhaps stormy at best. Politicians who hope to keep their jobs prefer low interest rates and plenty of money to pass along to their constituents, especially just before elections. Central bankers, on the other hand, worry about price stability and long-term economic growth, not

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Posted: November 30, 2018 Friday 02:43 PM