Analysis: Investors anxious over make-or-break fight for the Fed
Yahoo Finance·2026-01-12 11:25

By Scott Murdoch, Saqib Iqbal Ahmed and Rae Wee SINGAPORE/LONDON, Jan 12 (Reuters) - A U.S. Justice Department investigation at the Federal Reserve and a combative response by chair Jerome Powell have sharply raised the stakes in a long-running dispute that has put the independence of the world's most powerful central bank openly on the line, investors said. In a strongly worded statement ​on Sunday, Powell disclosed a probe that threatened him with criminal indictment over a building renovation project ...