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Ex-Fed Official Dudley’s Call to Block Trump Draws Criticism

  • Analyst says comments in column are misguided, dangerous
  • Fed spokeswoman says central bank would not play politics
Bloomberg business news
Dudley Sparks Debate About the Role of the Fed in the Age of Trump
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A former top Federal Reserve official suggested the central bank reject interest-rate cuts that would help Donald Trump’s 2020 reelection prospects, drawing swift criticism that such an approach would jeopardize the independence of a Fed already under fierce attack from the U.S. president.