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The Fed’s Anxious New Era

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Punchbowl News: “It’s a new era for the Federal Reserve. And not everyone is jazzed about it.”

“The world’s most important central bank is set to cut interest rates today — probably by 25 basis points. That’s the boring part, though much of Washington and Wall Street will be thrilled.”

“It’s everything else swirling around the Federal Reserve in this politically charged moment that’s the problem. This may be the most important Fed Day in years.”

“President Donald Trump has been waging an unprecedented and broad-ranging campaign for control of the Fed all year long. This particular meeting of the Federal Open Market Committee comes at a critical crossroads in that conflict.”

Wall Street Journal: Fed divisions thrust Powell into uncharted territory.

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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