In light of the Fed’s multifaceted activities, the delineation between monetary policy and regulation is blurred, particularly evident during crises like the Covid-induced economic shock in 2020 when the central bank intervened in debt markets alongside the Treasury Department. The lack of clear legal reasoning in Trump’s directive raises concerns about potential threats to the Fed’s monetary independence, as highlighted by experts like Jeremy Kress and Mr. Alvarez, who warn of possible erosion through budgetary control and reduced resources for informed decision-making. The directive’s ambiguity leaves room for exploitation, posing a risk to the Fed’s ability to act autonomously in the future.
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If a Recession Is Looming, These 3 Investing Moves Can Help Protect Your Money
After a tumultuous week, the S&P 500 (^GSPC 9.52%) experienced a significant drop of over 10% in a single day, raising concerns among investors about a potential recession, with J.P. Morgan estimating a 60% chance of one by year-end. To safeguard finances, experts recommend maintaining a robust emergency fund, selling weak stocks, and considering investments in recession-resistant companies or buying stocks at a discount during market downturns. Preparing strategically now can help individuals weather economic...
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