Trump's war on the Fed threatens global financial stability, European central bankers warn
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European central bankers have expressed concerns about the potential impact of President Trump's influence on the Federal Reserve. They warned that if the Fed becomes 'obedient' to the White House, it could pose significant risks to global financial stability. This situation raises alarms about the independence of central banks and the broader implications for international markets.
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The Federal Reserve's independence has historically been a cornerstone of U.S. monetary policy, allowing it to make decisions based on economic indicators rather than political pressures. However, recent tensions between the Trump administration and the Fed have raised questions about the future of this independence, prompting concerns from international financial leaders.
This article reflects the opinions of European central bankers and does not necessarily represent the views of all financial experts.
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