The Honorable Jim Saxton
2217 Rayburn House Office Building
United States House of Representatives
Washington, DC 20515
Dear Representative:
Please refrain from politicizing monetary policy (c.f. this press release). Inflationary expectations, even those originating from the perception of political pressure, and even if that pressure's perception is unwarranted, will force the Fed to raise interest rates. Thus your actions are counterproductive and you will have to issue twice as many press releases just to keep up.
Sincerely,
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