Bank of America CEO Brian Moynihan: Fed independence is critical for the economy

Well, I think let's back up and talk about principles. As you think about across time, the the the Fed was set up to be independent and have a dual mandate, unemployment, price stability, i.e. inflation. And their job is to manage you add their management economy through short-term interest rate adjustments to accomplish that outcome.And I think a stable central bank is a is really very important and very important in the United States because of this size economy with 30 trillion dollars plus of debt out t ...