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Cato Urges Reform of Fed's Monetary Policy Report
Original: Make the Fed’s Report to Congress Worth Reading
The Cato Institute is calling for changes to the Federal Reserve's Monetary Policy Report, arguing it should provide Congress with more candid and substantive analysis rather than boilerplate. In a new commentary, the libertarian think tank contends the report, delivered twice yearly as part of the Fed's accountability to lawmakers, has become a perfunctory exercise that deserves to be made genuinely worth reading.
Why now: Ongoing debate over Federal Reserve transparency and accountability keeps scrutiny of its reporting to Congress in the news.
Cato InstituteFederal ReserveUS Congress
Evidence
- Make the Fed’s Report to Congress Worth Reading · Cato Institute
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