Central banks independence debate: ECB’s Lagarde warns subverting Fed could trigger disruption; says bank’s autonomy as ‘critically important’ – Times of India
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…