Powell warns Fed independence is at risk amid rising political pressure from Trump-era tensions

Outgoing US Federal Reserve Chair Jerome Powell has strongly defended the importance of central bank independence, warning that political interference could permanently damage public trust in the institution responsible for … Read More

US Fed chief says energy shock manageable for now but warns inflation risks could grow

The head of the US central bank, Jerome Powell, said the economic impact of the recent surge in energy prices appears manageable for now. However, he cautioned that the situation … Read More