Will Donald Trump Leave The Federal Reserve Alone? St. Louis Fed President Says Fed Will Hold President-Elect To His Word

St. Louis Fed President James Bullard said Sunday the U.S. Federal Reserve will hold President-elect Donald Trump to his word on preserving the central bank’s independence.

Bullard, who said last week he could see supporting a December rate hike, told the German business daily Handelsblatt the transition team has said “it wants to protect the independence of the Fed.”