European Central Bank President: Independence is the prerequisite for the effective performance of central banks

European Central Bank President Christine Lagarde stated in an interview with U.S. media on the 24th local time that the independence of central banks is of "decisive significance" and warned that any interference with this independence could have serious consequences. Her remarks came against the backdrop of recent pressure from U.S. President Donald Trump on the Federal Reserve. Lagarde pointed out that "if a central bank loses its independence, or if that independence is threatened, it becomes dysfunctional," leading to "instability, and even more serious situations." She emphasized that independence is a prerequisite for central banks to perform their duties effectively