New lawsuit to make FOMC rate meetings public compounds Powell's problems

Today, Azoria Capital, a money manager, has sued Chair Jerome Powell and other central bank policymakers in a Washington, D.C., federal court. The lawsuit alleges the Fed is violating a 1976 federal law by keeping its monetary policy meetings behind closed doors. In its lawsuit, Azoria Capital asked the court to issue a temporary restraining […]

Source: cryptopolitan.com (Read Full Article)