The President of the European Central Bank rebutted Trump on the issues of tariffs and the Federal Reserve

2024-10-23 08:47:04
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ChainCatcher news, European Central Bank President Lagarde defended two main targets often criticized by Trump: monetary policymakers and global trade.

Lagarde suggested that Trump visit Frankfurt to understand how challenging the work of Federal Reserve Chairman Powell, whom he frequently criticizes, really is. She discussed the issue of monetary policymakers being susceptible to political criticism during an interview.

Lagarde also stated that Trump's notion that setting interest rates is easy is incorrect. In addition to monetary policymakers, Lagarde also expressed disagreement on the tariff issues that Trump is most passionate about.

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