Why Is The Fed So Boring?(https://www.npr.org/2021/06/15/1006953751/why-is-the-fed-so-boring)

Please answer the following three questions after listening to the podcast:

1. Why do you think that the words of the Fed Chair have such a great influence on market participants in our economy? Please discuss.

2. Which tools at the disposal of the Fed give it influence over our economy? Please mention at least two examples and discuss.

3. Who do you think has more influence over our economy: the Fed Chair or the President of the United States of America? Please share your opinion.