Powell Witch-Hunt: Global Central Bankers Sound the Alarm
Fed Chair Jerome Powell’s unscheduled SOS spurred an unprecedented global central bank show of support after DOJ subpoenas over a $2.5B renovation. What’s next for Fed independence?
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Fed Chair Jerome Powell’s unscheduled SOS spurred an unprecedented global central bank show of support after DOJ subpoenas over a $2.5B renovation. What’s next for Fed independence?
President Trump says he won’t fire Fed Chair Powell amid a DOJ investigation into a renovation project, while weighing Warsh and Hassett as possible successors.
Fed Chair Jerome Powell blasts the Trump administration’s criminal probe as a ‘pretext’ to sway interest rates. Former Fed chiefs and GOP leaders warn it endangers U.S. central bank independence.
Fed Chair Powell slams DOJ subpoena as part of Trump’s pressure campaign, warning it could threaten central bank independence.
U.S. Fed Chair Jerome Powell delivers a key speech at the Jackson Hole Symposium. With inflation nearing the 2% target, many expect a potential rate cut in September—the first in four years.