White House Shouldn’t Criticize the Fed, Says Arbuthnot Latham’s Perdon

The video discusses the Federal Reserve's role and its interaction with government policy, emphasizing its political independence. It critiques the White House's interference and suggests that the Fed should focus on its mandates of employment and prices. An op-ed is analyzed, which argues for the Fed's influence on political outcomes, including elections. The discussion also touches on the Fed's management of economic recovery and its impact on portfolio management, highlighting positive economic indicators.

In what ways might monetary policy be used to influence political outcomes?

What indicators are mentioned as important for assessing the Federal Reserve's management of the economy?