Powell probe leaves US Fed leadership change in limbo

US President Donald Trump has repeatedly insulted and criticized Federal Reserve Chairman Jerome Powell, famously calling him a “numbskull” and demanding the independent central bank lower interest rates despite stubbornly high inflation. The Trump administration has ramped up the pressure on Powell, initiating an unprecedented investigation into him over cost overruns related to a Fed […] The post Powell probe leaves US Fed leadership change in limbo appeared first on Digital Journal.