Rolling coverage of the latest economic and financial news, as Trump says countries doing business with Iran face 25% tariff on US trade Global central bank officials are reportely planning to release a coordinated statement of support for US Federal Reserve Chair Jerome Powell, after America’s top central banker was threatened with a criminal indictment. Reuters is reporting that the statement, which is expected to contain the signatures of central bankers from around the world, will back Powell and stress the need for independent central banking. Continue reading...