Description

Book Synopsis
This fascinating deep dive into one of the most powerful and least understood American institutions—the Federal Reserve—is “a riveting narrative...[and] an invaluable guide to the monetary policy debates of the last few years (Liaquat Ahamed, Pulitzer Prize-winning author of Lords of Finance).

“The best book on the Fed in our time and a model of financial writing.” –Kirkus

The marble halls of the Federal Reserve have always held secrets; for decades the Fed did the utmost to preserve its room to maneuver, operating behind the scenes as much as possible. Yet over the past two decades, this elite world of bankers and economists speaking a language that only monetary experts could understand has been forced to change its ways. Amid rising inequality, weakening global economic prospects, and a pandemic, the central bank has entered into a new era of transparency and activism that has changed its role in modern soci

Limitless

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    A Hardback by Jeanna Smialek

    £24.00

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    RRP £30.00 – you save £6.00 (20%)

    Order before 4pm tomorrow for delivery by Fri 25 Sep 2026.

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      Book details

      Publisher Alfred A. Knopf
      Published 28 February 2023
      ISBN-13 9780593320235
      978-0593320235
      ISBN-10 0593320239
      Also in:
      Monetary economics Central / national / federal government policies

      Description

      Book Synopsis
      This fascinating deep dive into one of the most powerful and least understood American institutions—the Federal Reserve—is “a riveting narrative...[and] an invaluable guide to the monetary policy debates of the last few years (Liaquat Ahamed, Pulitzer Prize-winning author of Lords of Finance).

      “The best book on the Fed in our time and a model of financial writing.” –Kirkus

      The marble halls of the Federal Reserve have always held secrets; for decades the Fed did the utmost to preserve its room to maneuver, operating behind the scenes as much as possible. Yet over the past two decades, this elite world of bankers and economists speaking a language that only monetary experts could understand has been forced to change its ways. Amid rising inequality, weakening global economic prospects, and a pandemic, the central bank has entered into a new era of transparency and activism that has changed its role in modern soci

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