TechFlame reports that European Central Bank President Lagarde said in an interview with US media on the 24th local time that the independence of the central bank is “decisive” and warned that any interference with its independence could have serious consequences. She made this statement in the context of US President Trump's recent repeated pressure on the Federal Reserve. Lagarde pointed out that “if a central bank loses its independence, or if that independence is threatened, it becomes dysfunctional,” which in turn causes “instability, or even more serious situations.” She stressed that independence is a prerequisite for central banks to carry out their duties effectively.