Central bankers affirm independence, support Fed Chair Powell
International central bankers, including the heads of the ECB and Bank of England, expressed full solidarity with Federal Reserve Chair Jerome H. Powell on January 13, 2026. They collectively emphasized the critical importance of central bank independence for price, financial, and economic stability.
The cornerstone of stability
The central bankers' joint statement underscored that the independence of central banks is a cornerstone for maintaining price, financial, and economic stability.
They emphasized that preserving this independence is critical, requiring full respect for the rule of law and democratic accountability.
This collective stance highlights a shared global perspective on the foundational role of autonomous monetary authorities in serving citizens' interests.
Integrity and public interest
The signatories affirmed their full solidarity with Federal Reserve Chair Jerome H. Powell, praising his integrity and unwavering commitment to the public interest.
They noted that Chair Powell has consistently focused on his mandate and is regarded as a respected colleague by all who have collaborated with him.
This strong endorsement from a broad international group of central bank leaders reinforces confidence in the Fed's leadership.