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IPFS News Link • Federal Reserve

The White House keeps talking up Fed independence. It could be a 'message' to Wall Street.

• Yahoo News

The White House in recent weeks made it clear that President Biden and his allies see the independence of the Federal Reserve as a 2024 campaign issue.

But the audience for these remarks might not — directly at least — be those crucial swing state voters.

The latest salvo came Wednesday with a blog post from the White House Council of Economic Advisors citing "the importance of an independent central bank."

The post ran through a historical correlation between West Wing meddling in monetary policy and bad economic outcomes, with the authors stating that they "thought this was a good moment to explain."