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The Chimera of Tame the Central Bank
Summary by El Economista
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1 Articles
In recent months, the U.S. has been in a silent but very revealing battle: the one that confronts Donald Trump with the Federal Reserve (Fed).It's not just a technical discussion of interest rates; it's a classic fight between political power and an institution designed precisely not to obey him.The Fed was born with an uncomfortable mission for any president: making unpopular decisions when the economy demands it.Controlling inflation and takin…
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