Federal Reserve Chairman #الفدرالي , #جيروم Powell, finally breaks his silence; responds for the first time in nearly 12 months to President Donald #ترامب

📌 When asked about Trump's criticisms, Powell usually says: "No comment!".. but he has finally issued his first statement amid a new criminal investigation by federal prosecutors

📌 Powell says that "this threat is the result of not following the President's wishes"

📌 In a video statement posted on the Federal Reserve's X account, he states that the threat of criminal charges is due to the Federal Reserve setting #الفائدة prices based on our best assessment of what will serve the public, rather than following the President's preferences

📌 Powell warns that the outcome of the ( investigation— a criminal inquiry related to the $2.5 billion central bank headquarters renovation— will determine the future decisions of the central bank

📌 This also comes at a time when the Federal Reserve is expected to halt interest rate cuts again on January 28

📌 With six months remaining in his term as Federal Reserve Chair, Powell takes a decisive stance on the independence of the Federal Reserve
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