Fed officials saw Dec. rate cut
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The Federal Reserve has battled a variety of economic troubles over the past 35 years. Between tech busts, a financial crisis and a pandemic, not to mention periods of too little inflation and too much,
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Bank of America CEO says the market "will punish people if we don't have an independent Fed"
Bank of America Chairman and CEO Brian Moynihan stated last week that, as President Trump seeks a new chair of the Federal Reserve, maintaining the banking system's independence is paramount.