Central Banks
Powell Draws Applause on Independence at Closed-Door IMF Meeting
Jerome Powell following a Federal Open Market Committee (FOMC) meeting in March.
Photographer: Al Drago/BloombergThis article is for subscribers only.
Supply Lines is a daily newsletter that tracks global trade. Sign up here.
Federal Reserve Chair Jerome Powell used a gathering of finance chiefs from around the world to stress that central banks must be shielded from politics to ensure they can focus on keeping inflation stable and employment high, according to people who listened to his remarks.