Bank of Canada Macklem: Powell is doing very good job under trying circumstances

BOC Macklem is supporting his US counterpart Powell. Says: Fed chair Powell is doing very good job under trying circumstances.Trump’s the repeated attacks on the Fed are a concern.History shows a central banks that have operational independence for monetary policy do a better job at delivering price stability for their citizens.Accountability goes hand-in-hand with independenceNot market moving war policy related but supportive of the idea of the importance of central bank independence.
This article was written by Greg Michalowski at investinglive.com.

Source: investinglive.com (Read Full Article)