BIS Comments on Trump's Criticism of Federal Reserve

According to Odaily, the Bank for International Settlements (BIS) has stated that U.S. President Donald Trump's criticism of the Federal Reserve's interest rate decisions does not threaten its independence. The global economic and financial systems have entered a new era of increased uncertainty. The BIS has not identified any concerning signs related to the decline in the U.S. dollar exchange rate. However, the rise of protectionism and trade fragmentation is particularly worrying.