Source: United States & Canada – South China Morning PostThe US Federal Reserve losing its independence would pose a “serious danger” to the world, according to European Central Bank (ECB) President Christine Lagarde.
But Lagarde told Radio Classique in an interview on Monday that US President Donald Trump would find it “very difficult” to take control of the US central bank, citing legal precedents that prevent the removal of Fed governors.
“If he did manage to do so, I think it would pose a very serious threat to the US economy and the global…Read More