Powell probe is challenge to Fed independence, Fed Governor Barr says

Federal Reserve Chair Jerome Powell is being investigated by the US Department of Justice over his testimony on renovations to the Fed’s headquarters in Washington DC. It comes as the Fed faces a tough balance between keeping inflation in check and the labor market strong. In a wide-ranging interview with Yahoo Finance Senior Fed Reporter Jennifer Schonberger, Federal Reserve Governor Michael Barr weighs in on the Powell probe, shares his outlook for inflation, and what a new Fed chair would mean for the central bank. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here: https://finance.yahoo.com/videos/series/market-catalysts/
#youtube #stocks #Powell #federalreserve #trump

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

– Get the latest news and data at finance.yahoo.com

– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

– Follow Yahoo Finance on social:

X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance

source