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Threat to Global Financial System as US Federal Reserve Independence Compromised
Summary: According to sources, the US Department of Justice has launched a criminal investigation into Federal Reserve Chairman Powell, raising concerns among global central banks about the compromised independence of the Federal Reserve. This not only affects the direction of US monetary policy, but also directly threatens a key crisis tool of the global financial system ...
According to sources, the US Department of Justice has launched a criminal investigation into Federal Reserve Chairman Powell, raising concerns among global central banks about the compromised independence of the Federal Reserve. This not only affects the direction of US monetary policy, but also directly threatens a key crisis tool of the global financial system - currency swap agreements. Analysts point out that if the US ties swap agreements to geopolitical interests, the global crisis response capabilities will face a severe test.
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