Draghi expresses concern over Fed independence

ECB governor says he is “especially” worried by events in US

Mario Draghi
Mario Draghi

European Central Bank president Mario Draghi has taken the unusual step of publicly expressing concern over the independence of the US Federal Reserve.

Draghi told a news conference at the International Monetary Fund’s spring meetings that he was “certainly worried about central bank independence in other countries”. This was “especially” true of the central bank “in the most important jurisdiction in the world”, he told reporters on April 13.

Draghi’s warnings follow US president Donald Trump

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