Trump’s war on Fed is ‘serious danger’ to world economy, says ECB head | Donald Trump

The President of the European Central Bank warned, Donald Trump’s attempt to influence the US federal reserves can create a “very serious danger için for the world economy.

ECB President Christine Lagarde said Trump would have an impact on the US and other countries that weaken the independence of the world’s most powerful central bank.

The steps of lifting the US president Jerome Powell or Governor Lisa Cook will be “a very serious danger for the US economy and the world economy ..

“If the US monetary policy is no longer independent and instead depends on this or that person’s dictates, the impact on the balance of the American economy can be very concerned as a result of the effects of the world, because it is the largest economy in the world,” he said.

Trump has repeatedly criticized Powell for not reducing interest rates and threatened to expel him. In addition, the US Supreme Court in a lawsuit that may reach the decision is trying to remove Cook.

On Friday, Cook lawyers argued that he could not be expelled without notification or “why” required to remove a Fed governor. They said they learned the attempt to remove it through a article on social media.

The period of ignition cook, which did not expire until 2038, will allow Trump to nominate a substitute. However, Cook argued that the president was not his “authority öyle to remove it.

Leading investors and economists, political intervention, inflation under control of the central banks damage to the reliability of the reliability, he said. The US government’s borrowing costs have increased in recent months, the impact of Trump’s tariff policies and the questions about the independence -fed independence.

Lagarde said it would be “very difficult” to take control of Trump’s decision on interest rates on interest rates. “The US Supreme Court, which is highly respected in the country, and therefore hopefully respected [Trump] He also made it clear that a governor could only be rejected in the gross abuse. “

Trump received support from British Prime Minister Liz Truss for his attack on the FED last week after a melting in the financial markets.