Global Central Banks Show Full Solidarity With Fed’s Powell (1)

Jan. 15, 2026, 5:29 AM UTC

Global central bankers threw their support behind Chairman Jerome Powell after the Trump administration ratcheted up its already unprecedented pressure campaign against the Federal Reserve.

Reacting to the threat of criminal charges being leveled at the US monetary authority, central bank chiefs including those at the European Central Bank, Bank of England and the Bank of Canada said they “stand in full solidarity” with the Fed and Powell. Central bank governors in South Africa, Iceland and Indonesia added their names to the statement.

Powell himself has also adopted a combative tone in recent days, accusing Donald Trump of ...

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