,Rocking the Fed’s Boat: The Federal Reserve's Independence is at Risk

Rocking the Fed’s Boat: The Federal Reserve's Independence is at Risk


 

Publication Date: January 2008

Publisher: Hoover Institution on War, Revolution, and Peace

Author(s): Dino Falaschetti; Michael J. Orlando

Research Area: Banking and finance

Keywords: Economy; Federal Reserve

Type: Report

Coverage: United States

Abstract:

Following the 2008 global credit and housing crisis it is tempting to empower the Federal Reserve to fix problems in the financial services industry; however, doing so would risk the Fed's political autonomy.