The financial world's Avengers have assembled


Global central bankers are chiming in to support Powell and the Fed's independence. Leaders from the ECB, Bank of England, and ten other major central banks praised Powell's "integrity" and warned that central bank independence is a non-negotiable "cornerstone" of economic stability.⁣ ⁣ America's own financial leaders have also said their piece. Jamie Dimon said in a conference call that hurting the Fed's credibility will "raise inflation expectations and probably increase rates over time."⁣

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