Is it time for a ‘fiscal Fed’?

With several economic storms in the offing, the US should consider depoliticising the Federal Reserve and granting it greater autonomous powers

28th July, 2019
Fed faces rate cut risks. Pic: Getty

Like storm clouds on the horizon, signs of a global economic slowdown are gathering ominously. In the US, the sugar high generated by president Donald Trump’s massive 2017 tax cut has peaked and is now rapidly waning, without triggering the promised investment boom. In Europe, the ongoing Brexit farce threatens severe economic disruption, even chaos, if Britain cannot conclude a deal with the European Union before withdrawing from the bloc at the end of October....

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month, €19.99 Monthly thereafter

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Tom Maguire: Tax changes we make now could help business for years

More Business Tom Maguire 11 months ago

The Daily Briefing

The Daily Briefing