Fischer warns Trump could sabotage Fed crisis response

Fed independence under “unprecedented” threat and second Trump term would harm US – Fischer

Stanley Fischer
David Vaaknin

Former Federal Reserve vice-chair Stanley Fischer warned president Donald Trump could severely damage the Fed’s ability to tackle a crisis and might seriously harm the US economy if he won a second term.

Fischer delivered his remarks today (June 18) to the European Central Bank’s annual central banking forum, held in the Portuguese town of Sintra, in a typically soft-spoken and thoughtful fashion. But after delivering a number of detailed economic observations on the current state of the

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