The independence of the EDF is crucial to the fulfilment of its mandate

The independence of the EDF is crucial to the fulfilment of its mandate President Donald Trump has initiated a new assault on Federal Reserve Chief Jerome H. Powell, so that the US central bank will cut its benchmark interest rate earlier than expected and help offset the negative effects of the imposition of tariffs on economic activity.However, Powell has refused to do so, given that import taxes could also raise inflation and defeat the Fed's…