Trump’s reckless attacks on the Fed
The president’s intensifying assault on central bank independence risks backfiring
The president’s intensifying assault on central bank independence risks backfiring

History teaches us that chaos follows when leaders undermine the independence of central banks

A wave of new research suggests Donald Trump is taking significant risks with his assaults on the US Federal Reserve

Independence of US central bank is a vital anchor for the global financial system

The central bank does not work properly if a president can bend it to his will

The escalating conflict between the White House and the US central bank could have far-reaching consequences

Current and former officials view the US president’s widening assault on the central bank with alarm