Limitless: The Federal Reserve Takes on a New Age of Crisis

by Smialek, Jeanna
5 out of 5 Customer Rating
ISBN: 9780593320235
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Used - Hardcover - 9780593320235

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Overview

A fascinating deep dive into one of the most powerful and least understood American institutions--the Federal Reserve.
The marble halls of the Federal Reserve have always held secrets; for decades the Fed did is utmost to preserve its room to maneuver, operating behind the scenes as much as possible. Yet over the past two decades, this elite world of bankers and economists speaking a language that only monetary experts could understand has been forced to change its ways. Amidst rising inequality, weakening global economic prospects, and a pandemic, the central bank has entered into a new era of transparency and activism that has changed its role in modern society in subtle but remarkable ways. Limitless tells the inside story of this deeply impactful transformation, and what it means for ordinary Americans. Focusing on characters like chairman Jerome Powell, Vice Chair for Supervision Randal Quarles, Governor Lael Brainard, Minneapolis Fed President Neel Kashkari, and long-ago Fed Chair Marriner S. Eccles--and driven by the rising tension between Main Street and Wall Street--this is a page-turning account of the modern Fed's inner workings during a crucial inflection point in history.
  • Format: Hardcover
  • Author: Smialek, Jeanna
  • ISBN: 9780593320235
  • Condition: Used
  • Dimensions: 9.25 x 0.97
  • Number Of Pages: 384
  • Publication Year: 2023
Language: English

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