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Opinion: If Hasset is elected as the Fed chair, the independence of the Fed is concerning.
Odaily News Although acknowledging that Haskett is qualified for the position, Alan Sinai of Decision Economics expressed concerns about the independence of the Fed after his appointment. Sinai pointed out, “If a low interest rate policy is pursued for political purposes - a strong assertion and direction of the Trump administration - it will be viewed by the market as executive interference with the Central Bank, thus posing macro risks.”