Why Fed independence is necessary to control inflation

from The Financial Exchange Show · host The Financial Exchange Network

Mike and Marc react to the news of President Trump ordering the firing of Fed Governor Lisa Cook and what could possibly follow in the days ahead. Given the sitaution, the guys discuss why the independence of the Fed is so pivotal when it comes to inflation and the economy. Plus, does it matter that there are more ETF's than individual stocks? And why is the Massachusetts biotech industry seeing a rare job decline?

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This episode is 38 minutes long.

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This episode was published on August 26, 2025.

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