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Central bank independence and credibility matters. Here’s why

  • Written by The Conversation
Central bank independence and credibility matters. Here’s whyOlga Kashubin/Shutterstock

In the United States, President Donald Trump has been pressuring the chairman of the US Federal Reserve, Jerome Powell, to slash interest rates. This is partly to ease the interest payments on the ballooning US government debt.

Powell has so far resisted, but Trump has also threatened to replace him with someone who will...

Read more: Central bank independence and credibility matters. Here’s why

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