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Business & Economics

Political interference in central banks risks economic harm, ECB president warns

Guardian
Summary
Nutrition label

70% Informative

Christine Lagarde said meddling by politicians could lead to greater economic volatility and sharply rising prices.

Trump said last week that the Fed boss, Jerome Powell , should cut the cost of borrowing to boost economic growth.

The US president also said he was ready to force a cut in oil prices to bring down inflation.

VR Score

79

Informative language

82

Neutral language

68

Article tone

formal

Language

English

Language complexity

63

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links