Germany’s finance minister has criticised Donald Trump’s move to interfere with the Federal Reserve’s rate policies and fire a chief statistician, saying the US president’s actions were politically “wrong”.
Speaking a few hours before meeting with his US counterpart Scott Bessent in Washington, Lars Klingbeil said he believed democracies should “uphold the independence and strength of institutions”.
He added of Trump’s interference: “I think this political path is wrong, and I believe it’s right that independent institutions remain independent and that politics doesn’t interfere.”
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