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The Guardian // Business // Economics

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

Thursday 28th August 2025, 1:07PM

Britain’s shortest-serving prime minister also critical of Bank of England and European Central BankDonald 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. Continue reading...

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