Fed independence at risk as inflation could 'roar back'

Fed Independence at Risk

Chicago Federal Reserve Chairman Austan Goolsbee warns that compromising Fed independence could lead to inflation “roaring back.”

IMF’s Support for Powell

IMF Managing Director Kristalina Georgieva expresses support for Jerome Powell, who is currently under criminal investigation.

Room for Rate Cuts

U.S. Commerce Secretary Howard Lutnick tells CNBC that the Federal Reserve has “plenty of room” to implement further interest rate cuts.