Fed General Counsel Equates More Oversight With Higher Interest Rates

Federal Reserve Board of Governors General Counsel Scott Alvarez says that if Rep. Ron Paul's (R- Texas) H.R. 1207 proposal is enacted, the public would lose confidence in the Fed's ability to control interest rates and monetary policies. :44
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Federal interest rates increase inflation

Dr. Benn Steil of the Council on International Economics says that the Federal Reserve’s low interest rates are below the rate of inflation. (0:22)
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