Trump victory poses challenges for Fed's independence
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WASHINGTON Donald Trump 's return to the White House could put the independence of the U.S. Federal Reserve under strain, potentially weakening its ability to fight against inflation and unemployment free from political interference. The Fed has a dual mandate from Congress to act independently to tackle both inflation and unemployment, primarily by raising and lowering interest rates. Anything that undermines the Fed's independence could spook traders in the financial markets. "The prevailing
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