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Economy

Donald Trump says ‘we’re screwed’ if supreme court rejects global trade tariffs – US politics live

Central bankers from around the world have united to express their full support for U. S. Federal Reserve Chair Jerome Powell amid a criminal investigation launched by the Department of Justice, which they view as a threat to central bank independence. This unprecedented solidarity includes leaders from major institutions such as the Bank of England and the European Central Bank, who emphasize the importance of maintaining the integrity and independence of central banks.

Donald Trump says ‘we’re screwed’ if supreme court rejects global trade tariffs – US politics live

Credit: Theguardian

Key Highlights

  • Top central bankers from 11 countries have backed Jerome Powell amid a DOJ investigation.
  • Signatories include leaders from the Bank of England, European Central Bank, and Bank of Canada.
  • The statement highlights the critical importance of central bank independence.
  • Powell is praised for his integrity and commitment to public interest.
  • The investigation is seen as a potential threat to the independence of the Federal Reserve.
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Sources

  1. World central bank chiefs 'stand in solidarity' with US Fed chair Powell
  2. Donald Trump says ‘we’re screwed’ if supreme court rejects global trade tariffs – US politics live
  3. Global central banks offer ‘full solidarity’ to US Fed’s Powell amid Trump threats
  4. Top central bankers express 'full solidarity' with Fed Chair Powell in clash with Trump

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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