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Christine Lagarde Criticizes Trump's "Tweet Here, Or Tweet There" Fed Bashing

• Zero Hedge - Tyler Durden

President Trump's Fed bashing, sometimes a daily occurrence, if not at least several times a week, has irritated incoming European Central Bank (ECB) President Christine Lagarde, who says in an upcoming 60 Minutes interview, expected to air on Sunday, Oct. 20 at 7 p.m. ET/PT on CBS, that "Market stability should not be the subject of a tweet here or a tweet there. It requires consideration, thinking, quiet and measured, and rational decisions."

Lagarde told 60 Minutes correspondent John Dickerson that central banking is like "navigating a plane" with policymakers keeping a very close eye on the instrument panel, i.e., economic trends.

Dickerson asks Lagarde if it's okay if a leader [refering to President Trump] was actively criticizing a central bank head in public. Dickerson pulled a quote from President Trump's Sept. 11 tweet, where he called Federal Reserve Chairman Jerome Powell a "bonehead" for not cutting "interest rates down to ZERO."


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