Economics

Janet Yellen Says She’s Concerned About Trump Undermining Trust in Fed

Former Federal Reserve Chair Janet Yellen said she’s concerned President Donald Trump’s complaints about U.S. monetary policy may undermine confidence in the central bank as she expressed support for more interest-rate increases to keep the economy on track.

Janet Yellen

Photographer: Zach Gibson/Bloomberg
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Former Federal Reserve Chair Janet Yellen said she’s concerned President Donald Trump’s complaints about U.S. monetary policy may undermine confidence in the central bank as she expressed support for more interest-rate increases to keep the economy on track.

“It’s important that the public have confidence in the Fed,” she said Tuesday at a conference in Washington.