Is an independent U.S. fed doomed? And is Canada's economy doomed with it?
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Is an independent U.S. fed doomed? And is Canada's economy doomed with it?
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Today on On The Line, host Jen Gerson sits down with economics professor and founding Director of McGill University's Max Bell School of Public Policy Chris Ragan. They talk about a story that has been absolutely buried under an avalanche of news -- the threatened indictment of U.S. Federal Reserve Chairman Jerome (Jay) Powell.
Last week Powell put out a statement stating flatly that the Trump administration is abusing the courts in order to put pressure on the independence of the fed.
What does that mean, exactly? Why does it matter? And what are the political and economic implications of the US central bank whose independence is increasingly under pressure? We get right into it today on On The Line.
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