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Jerome Powell warns that politicizing Fed will erode its credibility

Economy MarketWatch By Mike Murphy 01 Jun 2026 02:41 1 min read
Jerome Powell warns that politicizing Fed will erode its credibility

Former Fed Chair Jerome Powell on Sunday called the Federal Reserve’s independence “a priceless asset” that must be protected, in one of his first major speeches since stepping down from his post earlier this month.

Former Fed Chair Jerome Powell on Sunday called the Federal Reserve’s independence “a priceless asset” that must be protected, in one of his first major speeches since stepping down from his post earlier this month.

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