ECB's Nagel urges Europe to back Fed's independence against Trump

Core Viewpoint - The head of Germany's Bundesbank emphasizes the importance of Europe supporting the independence of the U.S. Federal Reserve amid ongoing criticism from U.S. President Donald Trump [1] Group 1 - The Bundesbank's leadership highlights the need for a unified European voice in favor of the Federal Reserve's autonomy [1] - The independence of central banks is crucial for maintaining economic stability and credibility [1] - Ongoing attacks on the Federal Reserve's independence could undermine its effectiveness and the broader economic environment [1]