Central banks independence debate: ECB’s Lagarde warns subverting Fed could trigger disruption; says bank’s autonomy as ‘critically important’
European Central Bank president Christine Lagarde has warned that undermining central bank independence could unleash “dysfunction” and “instability,” issuing her remarks in the United States at a time when President Donald Trump is intensifying pressure on the Federal Reserve to cut interest rates.Speaking in an interview aired on Fox News after attending the Jackson Hole…
