ECB’s Nagel urges Europe to back Fed’s independence against Trump

Investing.comTuesday, September 30, 2025 at 9:48:54 PM
ECB’s Nagel urges Europe to back Fed’s independence against Trump
ECB President Joachim Nagel has called on European leaders to support the independence of the Federal Reserve in light of recent criticisms from former President Trump. This is significant as it underscores the importance of central bank autonomy in maintaining economic stability and credibility, especially during politically charged times. Nagel's remarks highlight the need for a united front in safeguarding monetary policy from political interference, which is crucial for investor confidence and economic growth.
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