Economists react to Trump possibly curbing Fed's independence: 'Bad idea of all bad ideas'
"Countries that have experimented with political 'consultation' on monetary policy have experienced prolonged periods of inflation."
"Countries that have experimented with political 'consultation' on monetary policy have experienced prolonged periods of inflation."
"The concern is that the interests of politicians and the interests of the economy result in contrasting outcomes."
"The key word in the press conference was recalibrate. The federal funds rate was too tight given current conditions."
Eric Rosengren joined 'Squawk Box' to discuss whether the Fed is under pressure for rate cuts following the weak jobs report.
Senior lecturer Eric Rosengren said: "It's not that there's isn't any economic data, there's j
On this episode of Bloomberg's "The Close," senior lecturer Eric Rosengren discussed how
Concerns around Federal Reserve independence loom as the Trump administration continues calls for Fed Governor Lisa Cook to step down.
"The challenge is if we have a severe crisis and fiscal policy doesn't respond quickly," said senior lecturer