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Goldman Sachs president John Waldron reportedly criticized Fed credibility and slammed its performance as an independent policymaker

4 monthes ago   |   By Business Insider

John Waldron, now the president of Goldman Sachs, during the Milken Institute 21st Global Conference in California in May 2018. Mike Blake/Reuters
Goldman Sachs president John Waldron criticized the Fed's credibility to rein in inflation, Bloomberg reported.
Waldron questioned its ability to act as an "independent, monetary policy engine."
"They have a chance here to do that, but I am a little worried about whether they'll stand up and do it," he said.
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