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The Guardian - UK
The Guardian - UK
Politics
Richard Partington Senior economics correspondent

Liz Truss backs Trump attacks on Fed and says ‘reckoning’ on way for central banks

Liz Truss speaking into a microphone with a large American flag behind her
Liz Truss has previously been critical of the role of central banks. Photograph: NurPhoto/Getty Images

Donald Trump’s assault on the independence of the US Federal Reserve has been backed by Liz Truss, the shortest-serving British prime minister in history, who was ousted after a meltdown in the financial markets.

The former Conservative leader, who during her 49 days in power in late 2022 railed against the “deep state” and the Bank of England for undermining her before she was ejected from office by her own party, said a “reckoning” was coming for the world’s most powerful central banks.

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