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Threat to Powell Increases Concerns with Fed Independence, Warning Goldman Sachs
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Comments by economist-chief Jan Hattius are the first public talks of a senior Wall Street executive since the news of Powell's possible investigation
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Goldman Sachs chief economist Jan Hatzius said Monday that a threat of criminal prosecution against Federal Reserve chief Jerome Powell would reinforce concerns about the independence of the U.S. central bank, although he said he expects the entity to continue making data-based decisions.The U.S. President Donald Trump's government has increased its pressure on the Fed, threatening to accuse Powell for his comments to Congress on a project to re…
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