Politics, News & Issues > Political & Economic Theory Does the Federal Reserve control the US economy?

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Fortunately, the Fed does not, and should not "control the US economy."No, of course the Fed does not "control" the US economy, and certainly the President does not, and for the most part neither does congress. The Fed, perhaps more than the other two branches of government I mentioned, has an influence on our economy in one ... More..

Politics, News & Issues > Political & Economic Theory Are the Fed's recent interest rate cuts good for consumers?

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Reason for Fed Funds Rate Cuts Now ClearSo now we know. Or at least we have been given (yet again) information as to why the FED raises and lowers interest rates. This, we must come to understand, is the main tool they have (and only they have) for influencing the rate at which our economy moves.All through the early years of... More..

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1. Does the Federal Reserve control the US economy?
2. Are the Fed's recent interest rate cuts good for consumers?

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