Warsh May Have Yielded to Trump Pressure, Schiff Says
The allegation puts Federal Reserve independence at the center of debate over how political pressure could shape interest-rate decisions.
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The allegation puts Federal Reserve independence at the center of debate over how political pressure could shape interest-rate decisions.
The unusually blunt language puts the executive branch on a collision course with the central bank and revives questions about Fed independence at a sensitive moment for rate expectations.
The pledge puts Fed independence at the center of tomorrow's rate call, giving markets a clearer read on the administration's stance toward monetary policy.