Fmr World Bank Chief Economist: Trump Doesn’t Believe in Fed Independence

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Former World Bank Chief Economist Paul Romer stated that Donald Trump does not believe in central bank independence, which could potentially lead to the imposition of wage and price controls.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Paul Romer, Nobel laureate, former World Bank chief economist, and Boston College professor, says Donald Trump does not believe in central bank independence. Speaking with Romaine Bostick and Katie Greifeld on The Close, Romer says it is entirely possible Trump could move to impose wage and price controls. (Source: Bloomberg)

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Original article published by Bloomberg on January 31, 2026.
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