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Who Should Make US Monetary Policy?

Who Should Make US Monetary Policy?
The Federal Reserve headquarters in Washington on March 21, 2023. Kevin Dietsch/Getty Images
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Commentary

Although these articles almost always focus on China trade and economics, former President Donald Trump’s comments on the subject of Federal Reserve (Fed) independence demand a perspective.

Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is "Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live."