Bloomberg reports the latest comments from the International Monetary Fund’s (IMF) Director of the Monetary and Capital-Markets Department, as he warns that it’s a bad idea to undermine the central bank independence.
Key Headlines:
The Fed is set up as a very independent institution.
‘Dangerous’ consequences if Trump’s calls lead to monetary policy mistakes.
IMF is in support of Fed’s current policy stance.
Investors should take recent yield curve inversion seriously.
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