Kazaks: The weakening of the Federal Reserve's independence will lead to rising inflation
Jan 15, 2026 14:08:44
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According to Jinshi reports, ECB Governing Council member Kazaks stated that if the independence of the Federal Reserve is weakened in any way, this effect is likely to be transmitted to ordinary consumers in the United States through higher inflation rates, which will subsequently lead to rising interest rates to curb inflation.
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