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BumRushDaShow

(165,986 posts)
Tue Jan 13, 2026, 06:49 AM 11 hrs ago

Global central bankers defend Fed's Powell after Trump threat [View all]

Source: Reuters

January 13, 2026 5:24 AM EST Updated 1 hour ago


FRANKFURT, Jan 13 (Reuters) - The chiefs of many of the world's ​major central banks issued a ‌joint statement in support of Federal Reserve chair Jerome Powell on Tuesday after the Trump ‌administration threatened him with a ​criminal indictment.

"We stand in full solidarity with the Federal ‍Reserve System and its Chair Jerome H. Powell," the heads of the ⁠European Central Bank, the ‍Bank of England and nine other institutions ‌said.

"The ‌independence of central banks is a cornerstone of price, financial and economic stability in ⁠the interest ⁠of ​the citizens that we serve," they added.

Read more: https://www.reuters.com/business/finance/global-central-bankers-defend-feds-powell-after-trump-threat-2026-01-13/

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