Media & TV Appearances

The Federal Reserve’s independence shouldn’t be compromised by politicians who disagree with the central bank’s policy actions, economic advisers to President Barack Obama and Mitt Romney said in a debate tonight. Glenn Hubbard, a senior economic adviser to Romney, said he hopes “that whoever is elected president we see a cooling down of discussions” about the Fed. Jeffrey Liebman, a senior economic adviser to Obama, said research shows that countries with independent central banks have faster economic growth and less inflation than nations that don’t.