Trump health secretary choice is ‘courting catastrophe’, says rights group – as it happened
by Helen Sullivan (now); with Maanvi Singh, Chris Ste from US news | The Guardian on (#6S762)
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- Reaction: RFK Jr condemned as clear and present danger' after Trump nomination
- Full report: Trump nominates RFK Jr as health secretary
- Who is RFK Jr and what might his top priorities be?
An independent central bank is fundamental" to getting good economic outcomes, a senior Federal Reserve official said on Thursday, reports Agence France-Presse (AFP).
The Fed has a dual mandate from Congress to act independently to tackle both inflation and unemployment - primarily by raising and lowering interest rates. Anything that undermines the Fed's independence could spook traders in the financial markets, who might come to question if it could effectively tackle inflation over the longer term.
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