The Guardian Australia – Business
·business
·2 days ago
Yellen criticizes Trump's call to cut interest rates amid economic concerns
Former US Federal Reserve Chair Janet Yellen criticized Donald Trump's call to cut interest rates, likening it to practices seen in a 'banana republic'. Yellen warned that such political pressure could lead to unchecked inflation, emphasizing the need for central bank independence amid rising global economic concerns due to the conflict.
Summary by Glance · The Guardian Australia – Business
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