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Global central bankers unite in defense of Fed Chair Jerome Powell

By Holly Ellyatt

Dan Mangan contributed reporting to this story

  • Global central bankers defended U.S. Federal Reserve Chair Jerome Powell in a joint statement Tuesday.
  • The group included the heads of the European Central Bank and Bank of England, among others.
  • Powell has served with “integrity, focused on his mandate and an unwavering commitment to the public interest,” the statement said.

Global central bankers issued a statement Tuesday defending U.S. Federal Reserve Chair Jerome Powell following the launch of a criminal investigation into the central bank chief.

“We stand in full solidarity with the Federal Reserve System and its Chair Jerome H. Powell,” central bank chiefs including European Central Bank President Christine Lagarde and Bank of England Governor Andrew Bailey, said in a joint statement

READ FULL ARTICLE HERE… (cnbc.com)

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