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Evening Standard

Politics

Anna Wise

Global central banks show ‘full solidarity’ to US Fed chairman after threats

US Federal Reserve Jerome Powell Andrew Bailey Donald Trump United States Bank of England the Federal Reserve

US Federal Reserve chairman Jerome Powell is facing the threat of a criminal investigation under the Trump administration (Alex Brandon/AP/PA) - (AP)

Bank of England governor Andrew Bailey has joined global central bank bosses in offering “solidarity” to US counterpart Jerome Powell as he faces the threat of a criminal investigation under the Trump administration.

The statement of support is signed by 11 leaders, including European Central Bank president Christine Lagarde.

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