Wednesday, 19 June 2019

US House speaker Pelosi blasts Trump pressure on Federal Reserve over interest rates

The US Federal Reserve should be independent and not under the influence of President Donald Trump in setting monetary policy, House of Representatives Speaker Nancy Pelosi said on Wednesday. "The last thing we need is a president threatening the chairman of the Fed on whether he is raising or lowering rates in tune with the president's politics," Pelosi told reporters

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