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Fed's Power and Accountability Debate | Fort Wayne News
The Federal Reserve’s growing power and secrecy are sparking a fierce debate: how much accountability should this economic giant have? Once seen as a shield against political meddling, its expanded role—especially after 2008—now includes massive bond-buying and direct lending, blurring lines between policy and politics. While independence was key to fighting inflation, critics demand transparency as its decisions shape everything from jobs to home prices. New findings reveal the Fed’s inner workings remain largely hidden, forcing a tough balancing act: preserving autonomy without ignoring…
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