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Better Policy from the Fed Isn't Central Planning

Original: Better Policy from the Fed Isn’t Central Planning

Commentary is arguing that improved policy by the US Federal Reserve should not be equated with central planning. The piece, published by National Review, pushes back against critics who label active Fed decision-making as central planning, contending that competent monetary policy is compatible with market economics. It reflects an ongoing debate in the United States over the Fed's role, its interest-rate decisions, and how much discretion central bankers should exercise.

Why now: Debate over the Federal Reserve's policy role and rate decisions is active, prompting argument over whether its actions amount to central planning

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• Better Policy from the Fed Isn’t Central Planning · National Review

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