BREAKING: Fed Chair Powell responds after Federal prosecutors open a criminal investigation into him: “The threat of criminal charges is a consequence of the Fed setting rates based on our best assessment of what will serve the public, rather than following the preferences of the President,” he says. | Now Digital News

Fed Chair Jerome Powell sees the Fed policy as appropriate despite the rising threat from President Donald Trump’s tariffs. “The risks of higher unemployment and higher inflation appear to have risen, and we believe that the current stance of monetary policy leaves us well positioned to respond in a timely way to potential economic development,” the central bank leader said during his post-meeting news conference. Find more: cnb.cx/42NjnmI | CNBC

22K views · 115 reactions | Fed Chair Jerome Powell said monetary policy will adjust as the economy evolves. He says policy is “well-positioned" to deal with any risks or uncertainties as the market navigates changes. | CNBC | Facebook