Goolsbee Warns on Fed Independence, Alito on Court Move, Netflix Outlook, and Ukraine Ceasefire

Fed Independence Under Threat

• 💡 Austan Goolsbee, President of the Federal Reserve Bank of Chicago, is warning against President Trump's efforts to curtail the Fed's independence.
• 🧠 Economists largely agree that monetary independence is crucial for central banks to function effectively, citing higher inflation and slower growth in countries lacking it.
• ⚠️ Goolsbee emphasizes that undermining monetary independence would undermine the credibility of the Fed.

Supreme Court and Deportation Case

• ⚖️ Justice Samuel Alito dissented to the Supreme Court's order blocking the Trump administration from deporting Venezuelans to El Salvador, calling the grounds