The Fed: If You're Thinking About It, Your Mind Is Wandering Aimlessly

WASHINGTON, DC - JULY 24: U.S. President Donald Trump and Federal Reserve Chair Jerome Powell tour the Federal Reserve’s $2.5 billion headquarters renovation project on July 24, 2025 in Washington, DC. The Trump administration has been critical of the cost of the renovation and Federal Reserve Chairman Jerome Powell. (Photo by Chip Somodevilla/Getty Images)Getty ImagesThe Fed isn’t important. How could it be in consideration of the globalization of all production? Despite this, the same Congress that create ...