Arcadia Economics: If you End the Fed, you Don’t have to Fire Powell

In recent years, the Federal Reserve has found itself at the center of numerous political debates and economic discussions. Following Jerome Powell’s recent press conference, where he was asked if he would resign if former President Trump demanded it, the spotlight has illuminated not just Powell’s leadership but the very structure of the central bank itself. This brings us to a provocative question: What would it mean to end the Fed, and why might that shift the conversation away from individual figures like Powell? The Federal Reserve, often referred to as the Fed, plays a crucial role in managing the…