Global Central Banks Rally Behind Fed Chair Facing Criminal Threat
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Top central bankers from around the world are preparing a unified statement of support for U.S. Federal Reserve Chair Jerome Powell. This comes after Powell revealed the Department of Justice has threatened him with a criminal indictment.
The coordinated statement will express "full solidarity" with Powell and the Federal Reserve System. It will also emphasize the critical importance of central bank independence from political pressure.
The reported move signals deep international concern over the unprecedented legal threat against America's top central banker.