Global central bankers defend Fed's Powell after Trump threat

Core Viewpoint - The leaders of major global central banks have expressed their support for Federal Reserve Chair Jerome Powell following threats of a criminal indictment from the Trump administration [1] Group 1 - The joint statement from central bank chiefs highlights the importance of independence for central banks in conducting monetary policy [1] - The support for Powell indicates a unified stance among central banks against political interference in their operations [1] - The situation underscores the potential risks to central bank credibility and stability in the face of external pressures [1]