Limitless: The Federal Reserve Takes on a New Age of Crisis - Jeanna Smialek - Books - Knopf Doubleday Publishing Group - 9780593320235 - February 28, 2023
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Limitless: The Federal Reserve Takes on a New Age of Crisis

Jeanna Smialek

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Limitless: The Federal Reserve Takes on a New Age of Crisis

A fascinating deep dive into one of the most powerful and least understood American institutionsthe Federal Reserve.

The marble halls of the Federal Reserve have always held secrets; for decades the Fed did is utmost to preserve its independence, operating behind the scenes as much as possible. Yet over the past decade, this remote world of bankers dressed in suits speaking a language that only monetary experts could understand, has been forced to change its ways.   Amidst rising inequality, weakening global economic prospects, and a pandemic, the central bank has been forced into a new era of transparency.
 
Limitless tells the inside story of this remarkable and deeply impactful transformation, and what it means for ordinary Americans. Focusing on characters like chairman Jerome Powell, his Vice Chair Randy Charles, Governor Lael Brainard, Treasury Secretary Stephen Mnuchin, and Minneapolis Fed President Neel Kashkari, and driven by the rising tension between Main Street and Wall Street, this is a page-turning account of the modern Feds inner workings during a crucial inflection point in history.
 
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Media Books     Hardcover Book   (Book with hard spine and cover)
Released February 28, 2023
ISBN13 9780593320235
Publishers Knopf Doubleday Publishing Group
Pages 352
Dimensions 243 × 172 × 38 mm   ·   714 g
Language English