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The Nexus
POLITICSJun 1 · 00:31 UTCAXIOSNeil Irwin

Jerome Powell warns that the Fed's credibility is at risk

Jerome Powell warned that the Federal Reserve is undergoing a 'stress test' and its credibility is at risk due to political pressures threatening its independence. He emphasized the importance of maintaining the Fed's autonomy from political influence to ensure economic stability.

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