New Delhi, Sept. 1 -- Christine Lagarde, President of the European Central Bank, has voiced concern over the possibility of US President Donald Trump gaining control over US monetary policy, describing the prospect as a "very serious danger" for both the American and the global economies.

In an interview with France's Radio Classique on Monday, Lagarde warned that undermining the independence of the Federal Reserve could destabilise systems worldwide.

Lagarde's comments come amid growing scrutiny of Trump's efforts to reshape the Federal Reserve. Trump is seeking to remove Federal Reserve Governor Lisa Cook, a move critics say is an effort to fill the central bank with officials who would be more supportive of his push for lower interes...