The Dip: US Fed and Chair Powell under pressure
Deutsche Welle (Engl)
20.01., 04:15
- 04:30 Uhr
The pressure is on at the Federal Reserve after federal prosecutors opened a criminal investigation into Fed Chair Jerome Powell. On paper, the investigation is about Powell's testimony regarding the central bank's renovations. But Powell says the investigation is a direct result of his ongoing struggle with the Trump administration over interest rates.