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Alexander William Salter and Daniel Smith: End the Fed’s Mission Creep

The central bank is getting involved in too many things that have nothing to do with monetary policy. The Federal Reserve has lost sight of a fundamental truth: Monetary policy is about money. Instead, the central bank is pushing for major changes in policy areas that have nothing to do with money or financial markets. It’s time for Congress

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Posted: March 25, 2021 Thursday 06:14 PM