Fed's Miran: Fed should remain independent, but 100% independence impossible

Federal Reserve (Fed) Board of Governors member Stephan Miran noted on Monday that, among other things, the Fed should maintain complete autonomy from political operations. Miran then walked back the outside edges of his own comment, stating that 100% Fed independence is "impossible".

Fed's Miran: Fed should remain independent, but 100% independence impossible
Federal Reserve (Fed) Board of Governors member Stephan Miran noted on Monday that, among other things, the Fed should maintain complete autonomy from political operations. Miran then walked back the outside edges of his own comment, stating that 100% Fed independence is "impossible".

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