politics
German Vice Chancellor Says Trump Risks Backfire Amid Fed Attack

German Vice Chancellor Says Trump Risks Backfire Amid Fed Attack

14 Ocak 2026Bloomberg

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German Finance Minister Lars Klingbeil has expressed concerns that Donald Trump's approach to influencing the Federal Reserve could have negative repercussions. He cautioned European leaders against emulating Trump's tactics when dealing with central banks. Klingbeil's remarks highlight the ongoing tension between political influence and central bank independence.

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Klingbeil's warning serves as a reminder of the delicate balance between political pressures and the autonomy of financial institutions. By advocating for a more measured approach, he underscores the potential dangers of politicizing monetary policy, which could lead to instability in both the U.S. and European economies. This situation reflects broader global concerns about the integrity of central banking in the face of populist political movements.

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The comments come amid a backdrop of increasing scrutiny of central banks worldwide, particularly regarding their independence from political influence. Trump's vocal criticism of the Federal Reserve has raised questions about the future of monetary policy in the U.S. and its implications for global markets.

This article reflects the opinions of the author and does not necessarily represent the views of Bloomberg or its affiliates.