Countries that have criminal investigations of their central banks (Zimbabwe, Russia, Turkey) are not advanced economies. Anything infringing central bank independence is a mess.
Austan Goolsbee
You're going to get inflation come roaring back if you try to take away the independence of the central bank.
Austan Goolsbee
We're on a path back to 2% inflation. We have been for five years, making progress at some points and going the wrong way at others.
Austan Goolsbee
Trying to blow up Fed independence is like a festering stink bomb in the middle of that road back to 2%.