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US Biden administration says it supports an independent Fed

SAN FRANCISCO (Reuters) – The Biden administration asserted its support for an independent Federal Reserve on Wednesday, after a report surfaced last month that Republican presidential candidate Donald Trump is assessing ways to exercise more control over U.S. monetary policy. In a blog post published Wednesday, the White House Council for Economic Advisors laid out the historical evidence that central banks beholden to politicians serve th…
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Blue Water Healthy Living broke the news in Port Huron, United States on Thursday, May 23, 2024.
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