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Trump's Attacks on the Fed: The Global Erosion of Central Bank Independence

Summary by Time News
For decades, the independence of the Federal Reserve was treated as a sacred cow of American economics, a firewall designed to keep the volatile whims of

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The US Federal Reserve (Fed) appears to have parried the Trump administration's attempts to influence monetary policy and threaten interest rate cuts for the time being. Its independence is not under acute threat, according to SEB's US economist Elisabeth Kopelman.

·Stockholm, Sweden
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Svenska Dagbladet broke the news in Stockholm, Sweden on Wednesday, May 13, 2026.
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