Following last week’s Federal Open Market Committee meeting, Jai Kedia, a research fellow at Cato’s Center for Monetary and Financial Alternatives, analyzes growing threats to Federal Reserve independence, spotlighting new Fed Governor Stephen Miran’s controversial dissent.

Kedia explains how Miran’s 50 basis point rate cut vote contradicted established economic theory and reveals his concerning departure from analytical rigor in favor of subjective assessments.

The analysis advocates for objective monetary policy rules to shield the Fed from political pressure and improve rate decisions.

Kedia is available for interviews. You can read Kedia’s full analysis here.

To set up an interview, please reach out to Madison: mmiller@​cato.​org.