Calls grow for release of ethics report into Matt Gaetz sexual misconduct claims – US politics live

Senior Republican and Democrat say report should be shared despite Gaetz’s resignation from the HouseAn independent central bank is “fundamental” to getting good economic outcomes, a senior Federal Reserve official said on Thursday, reports Agence France-Presse (AFP).The Fed has a dual mandate from Congress to act independently to tackle both inflation and unemployment – primarily by raising and lowering interest rates. Anything that undermines the Fed’s independence could spook traders in the financial markets, who might come to question if it could effectively tackle inflation over the longer term. Continue reading...

Nov 15, 2024 - 00:30
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Calls grow for release of ethics report into Matt Gaetz sexual misconduct claims – US politics live

Senior Republican and Democrat say report should be shared despite Gaetz’s resignation from the House

An independent central bank is “fundamental” to getting good economic outcomes, a senior Federal Reserve official said on Thursday, reports Agence France-Presse (AFP).

The Fed has a dual mandate from Congress to act independently to tackle both inflation and unemployment – primarily by raising and lowering interest rates. Anything that undermines the Fed’s independence could spook traders in the financial markets, who might come to question if it could effectively tackle inflation over the longer term. Continue reading...