A Fed-sponsored cyber-buck is needed to keep up with consumer finance trends, replacing fee-laden credit cards, the economist says.
Tag: Lael Brainard
The Democrats’ left wing will want a kindred spirit, rather than the GOP-appointed incumbent, Michael Feroli thinks.
The GOP-appointed Fed chair, whose term expires in 2022, has Dem admirers in the Senate.
Richard Clarida and Lael Brainard say economic growth would have been stronger without the 2015-18 hikes.