Editorial: Why an independent Federal Reserve matters

President Donald Trump is free to voice his opinions about interest rates and nominate people he believes holds views similar to his own. But he is not the nation's chief central banker.

Chicago Tribune

From the Editorial Board

Why an independent Federal Reserve matters far more than renovations to a building

President Donald Trump is free to voice his opinions about interest rates and nominate people he believes holds views similar to his own. But he is not the nation's chief central banker.

Read Story
Chicago Tribune

© Copyright 2026 Chicago Tribune. All rights reserved.
1000 Albion Avenue | Schaumburg, IL 60193-4549

Unsubscribe

Comments

Post a Comment

Popular posts from this blog

La Grange restaurant expansion turns into reality series

Image
Owners of Wooden Paddle restaurant in Lemont are documenting the rigors of expanding into a new La Grange location in YouTube videos. A restaurant expansion in La Grange turns into a reality series For the past six months, Brianna and Jonathan Cowans have documented all the drama that goes into opening a new restaurant on their YouTube reality series. Read Story © Copyright 2024 Chicago Tribune. All rights reserved. 1000 Albion Avenue | Schaumburg, IL 60193-4549 Unsubscribe
Read more

The Morning: Your best advice of 2024

Image
Readers of The Morning share wisdom for the coming year. View in browser | nytimes.com December 28, 2024 By Melissa Kirsch Good morning. As we close out this year and look ahead to the new one, here's the best advice that readers of The Morning received this year. María Jesús Contreras Good advice The piece of wisdom I repeated the most this year came from a reader of The Morning who answered my call for advice last December: "We are all juggling so many balls. Differentiate between glass balls and rubber balls — and don't be afraid to drop the rubber balls." Everyone with whom I shared this little gem seemed to find it useful (or maybe they were humoring me?). I'm not sure why this particular advice stuck with me — really, it's just saying "learn to prioritize," a colorful riff on "don't sweat the small stuff." For whatever reason, picturing the messy, ungovernable realm of worries and to-dos as rubber and glass balls helped me think...
Read more

The Morning: Electoral wishcasting

Image
Plus, the Pelicot trial, government funding and an art world mystery. View in browser | nytimes.com December 19, 2024 By David Leonhardt Good morning. We're covering a lesson from the Democrats' 2024 defeat — as well as the Pelicot trial, government funding and an art world mystery. President Biden   Kenny Holston/The New York Times Rose-colored analysis The Democrats' 2024 defeat had many causes, starting with inflation and immigration. In today's newsletter, I'll examine another item on the list: candidate quality. This subject might seem backward-looking, given that neither of this year's candidates, Joe Biden and Kamala Harris, is likely to be the party's presidential nominee again. But it's relevant to the party's future. The party will probably help its chances in 2028 and beyond if it can become more forthright — and less wishful — about its own leaders. The Harris selection The first key moment in this story occurred in the summer of 2020, ...
Read more