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flag Worries grow as Trump's pressure on the Fed to cut rates threatens global central bank independence.

flag World central bankers are worried that US President Donald Trump's pressure on the Federal Reserve to cut interest rates could set a dangerous precedent, threatening the independence of central banks globally. flag If the Fed yields to political influence, it could undermine monetary policy independence in Europe and Japan. flag Central banks are preparing for potential fallout, advising lenders to watch their exposure to the US currency.

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