Beyond Monetary Policy: Fed’s Direction Sparks Debate and Speculation

Recent events have pushed the spotlight onto the Federal Reserve (Fed) and its future direction, exceeding traditional discussions about monetary policy. While former President Trump attempted to influence the Fed during his term, he ultimately failed to gain majority control over decision-making processes. However, three members continue to display strong adherence to his policies, with Miran emerging as a prominent voice. As Jerome Powell’s tenure concludes in May, speculation intensifies regarding a new Fed chair whose views could significantly impact monetary policy.