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Ex-US Fed Chair Powell warns against politicisation amid Trump’s attacks
Jerome Powell says the US central bank is undergoing a ‘stress test’ like other institutions in the current era.
Summary
Jerome Powell says the US central bank is undergoing a ‘stress test’ like other institutions in the current era. Former US Federal Reserve Chair Jerome Powell has warned against the politicisation of monetary policy amid President Donald Trump’s repeated attacks on the independence of the central bank.
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