Learn English: Trump's Fed Criticism: A CEO's Perspective (normal)

2 days, 14 hours ago

Trump's Fed Criticism: A CEO's Perspective

Wells Fargo's CEO supports the Federal Reserve's independence in managing interest rates.

He believes President Trump has the right to share his opinions, even if they differ from the Fed's.

However, the CEO differentiates between expressing opinions and interfering with the Fed's autonomy.

The Fed will continue to make decisions based on economic data, regardless of political pressure.

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Source

Original: CNBC

Tags

#Wells Fargo #Federal Reserve #Donald Trump #Monetary Policy #Interest Rates

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