The Democrats' presidential candidate, also the US Vice President Kamala Harris, says that if she is elected president, she will respect the independence of the US central bank, the Fed.
As president, I would never interfere with the decisions made by the Fed, she said at a campaign meeting in Phoenix, Arizona on Saturday.
Harris announced her stance after being asked about her opinion on presidential candidate Donald Trump's recent statement, where he said that the president should have influence over interest rate decisions and monetary policy.
Kamala Harris also emphasized that she has very strong opposition to Trump's stance on the issue.
Donald Trump has long expressed his frustration over the fact that the US president does not have more to say about interest rates. At a press conference on Thursday, Trump criticized the Fed's chairman Jerome Powell and said that Powell had been "a little too early and a little too late" in adjusting interest rates.
