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- Claim Text
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Political pressure shocks mainly occurred during the 1970s, as well as in the 1960s during the Johnson administration.
- Simplified Text
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Political pressure shocks occurred mainly during the 1970s and 1960s Johnson administration.
- Confidence Score
- 0.900
- Claim Maker
- Thomas Drechsel
- Context Type
- Research Paper
- Context Details
-
{ "date": "May 2024", "author": "Thomas Drechsel", "time_period": "1970s", "administration": "Johnson", "research_paper": "Estimating the Effects of Political Pressure on the Fed: A Narrative Approach with New Data", "nber_working_paper": "32461" } - UUID
- 9fdb028f-381d-4f1d-8d23-be9dba4cc355
- Vector Index
- ✗ No vector
- Created
- September 11, 2025 at 10:31 PM (10 hours ago)
- Last Updated
- September 11, 2025 at 10:31 PM (10 hours ago)
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10 hours ago
https://econofact.org/how-immune-is-the-federal-reserve-from-political-pressure
Examines the Federal Reserve's independence from political influence, citing historical examples and recent events. Analysis shows political pressure impacts inflation.
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