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Max Boot
maxboot.bsky.social
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In the central bank’s 111-year history, no president has tried to remove a governor. As investment bank Evercore ISI said in a note to clients Tuesday: “Asset markets are not properly priced for what increasingly seems likely to be a rupture in Fed independence.” https://www.wsj.com/economy/central-banking/get-ready-for-the-end-of-fed-independence-5a52a824?st=TVSm8R&reflink=article_copyURL_share
2025-08-27T11:55:50.506Z