Washington, United States, Jan 28, 2026 (AFP) - US Fed chair says doesn't believe central bank will lose independence

NAMPA / AFP

2026-01-28

Federal Reserve Chair Jerome Powell expressed confidence Wednesday that the US central bank will maintain independence from political pressure, saying the practice "has served the people well." "We haven't lost it," Powell said of Fed independence. "I don't believe we will. I certainly hope we won't." Powell's comments come as the central bank faces a criminal investigation from President Donald Trump's Justice Department. The Fed chair has calle......

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