Fed Has No Choice But to Stick to Its Guns as Independent Bank: BofAML

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Jul.19 -- Ethan Harris, head of global economic research at Bank of America Merrill Lynch, discusses the importance of an independent Federal Reserve as markets anticipate a rate cut later this month. He speaks with Bloomberg's Vonnie Quinn on "Bloomberg Markets."
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The Federal Reserve as an institution needs to demonstrate independence or the dollar and economy will plunge

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