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Central Bank Independence at Risk: Lagarde Warns of Political Interference
Seekingalpha.com
- Lagarde warns political interference harms central banks' independence.
- Her remarks subtly critique Trump's push for rate cuts to boost growth.
- Trump pressured Powell for cuts, risking instability in economic policies.
- Lagarde spoke on central bank independence at Hungary's conference.
- Global trend shows political influence on monetary policies growing.
- Viktor Orbán's appointment signals potential interference in Hungary.
- Turkey and UK also face criticism over central bank pressures.
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