Former Fed Chair Powell Calls Central Bank Independence a 'Priceless Asset' Under Threat

• •Powell called the Fed's independence a 'priceless asset' and warned that politicizing the institution would damage its credibility, per MarketWatch.
• •He described the current political environment as a 'stress test' for central bank autonomy, according to Indiatimes.
• •Powell warned that attempts to remove Fed officials over policy disagreements could erode institutional trust.
• •Malaymail characterized the speech as a veiled rebuke directed at President Trump's interest in influencing Fed policy.
• •The remarks were among Powell's first major public comments since stepping down as Fed Chair earlier this month.

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