New US central bank boss asserts political independence amid Trump pressure

Asked about the wishes of the US president, who has consistently called on the Fed to lower the nation’s interest rates, Mr Warsh said: “We’ve been an independent central bank for a very long time, we’re going to be an independent central bank at this moment and you’re going to see no changes on that.”

This post was originally published on this site

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.