13/01/2026 11:49
The Guardian
President says ‘it would be a complete mess’ if the supreme court rules against tariffs, with decision expected as soon as WednesdayEleven of the world’s top central bankers have released a statement of support for Fed chair Jerome Powell, after the US Department of Justice opened a criminal investigation into him which he argued was politically driven.In an unprecedented move, top central bank chiefs including the Bank of England’s Andrew Bailey, and Christine Lagarde of the European Central Bank, have backed Powell, and warned against undermining central bank independence.We stand in full solidarity with the Federal Reserve System and its Chair Jerome H. Powell.The independence of central banks is a cornerstone of price, financial and economic stability in the interest of the citizens that we serve. It is therefore critical to preserve that independence, with full respect for the rule of law and democratic accountability.Christine Lagarde, President of the European Central Bank on behalf of the ECB Governing CouncilAndrew Bailey, Governor of the Bank of EnglandErik Thedéen, Governor of Sveriges RiksbankChristian Kettel Thomsen, Chairman of the Board of Governors of the Danmarks NationalbankMartin Schlegel, Chairman of the Governing Board of the Swiss National BankMichele Bullock, Governor of the Reserve Bank of AustraliaTiff Macklem, Governor of the Bank of CanadaChang Yong Rhee, Governor of the Bank of KoreaGabriel Galípolo, Governor of the Banco Central do BrasilFrançois Villeroy de Galhau, Chair of the Board of Directors of the Bank for International SettlementsPablo Hernández de Cos, General Manager of the Bank for International Settlements Continue reading...
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