Fed's loss of independence would push up inflation, threaten stability, ECB's Rehn says

Core Viewpoint - Any loss of U.S. Federal Reserve independence would lead to increased inflation and could jeopardize financial stability, as stated by Finnish central bank Governor Olli Rehn, who expressed support for Fed Chair Jerome Powell [1] Group 1 - The independence of the U.S. Federal Reserve is crucial for maintaining low inflation levels [1] - A potential loss of this independence could have negative implications for financial stability [1] - Olli Rehn's comments reflect a broader concern among central bankers regarding the importance of central bank autonomy [1]