From the ongoing shifts in interest rates to President Trump’s nomination of Kevin Warsh as Fed Chair, and disagreements over ...
Monetary policy doesn’t just happen by magic. Instead, Fed employees in New York are carrying it out through open market operations.
On paper, the Fed chair is just one vote among many. In practice, the job carries far more influence. We analyze what gives the Fed chair power.
President Trump recently nominated Kevin Warsh to become the next chairman of the Federal Reserve's Board of Governors. And it's got us thinking about the power of the Fed chair, and where that power ...