Trump is 'extremely troubled' by Fed's approach according to new letter, but bank official stands firm on independence
- Posted on July 11, 2025
- By Fortune
- 1 Views
Trump is 'extremely troubled' by Fed's approach according to new letter, but bank official stands firm on independence
In a response to Fortune, Federal Reserve Bank of St. Louis President Alberto Musalem defended the Fed's autonomy, citing global evidence that independent central banks deliver stronger inflation and employment outcomes.
