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Description:
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All eyes are on the Fed, as the White House prepares to announce its choice of a new Chair to possibly replace Jerome Powell. How will that choice impact financial markets and interest rates? Steve Odland, President CEO of The Conference Board sits down with Roger Ferguson, Jr, former Vice Chair of The Federal Reserve, and former Chair of The Conference Board, to talk about the central bank of the United States. In this episode of CEO Perspectives, Steve and Roger answer the following questions and more: - What’s the purpose of the Fed?
- How much autonomy does the Fed have?
- What role do the Fed’s regional banks play?
- What is the Fed’s balance sheet, and how is it used?
- What are the risks of politicizing the Fed?
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