The independence of the fed has meant that it takes the long view and not the short view.' is this statement true, false, or uncertain? explain your answer. part 2

Respuesta :

The Fed has always maintained a long-term perspective as opposed to a short-term one because of its independence. It is not clear.

The Federal Reserve's Independence: How Does It Survive?

The Fed is autonomous in that it makes its own choices regarding its monetary policy and other relevant matters without consulting the federal government. Its governors are chosen by the President, and Congress must subsequently ratify them.

Banks and other large financial institutions must be overseen and regulated in order to safeguard consumer credit rights and the integrity of the nation's banking and financial system. preventing the emergence of systemic risk in financial markets and protecting the stability of the financial system.

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