The economy does better when Americans trust the Federal Reserve, the president of the Federal Reserve Bank of Minneapolis said Wednesday, and that means keeping politics out of the central bank’s work.

Speaking at a Minnesota Women’s Economic Roundtable event in Minneapolis, Neel Kashkari said maintaining trust is crucial to keeping the job market healthy and inflation under control. But the historically independent Fed has been facing mounting pressure from President Donald Trump to lower interest rates, including specific social media callouts targeting Chair Jerome Powell.

“One of the things that the economics profession, central banking, governments and advanced economies around the world have figured out over the past 40 or 50 years is: Having an independent central bank that is ma

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