Business

Fed Chair Warns of Central Bank Credibility Crisis

Updated 2026-06-01 01:20 UTC 1 source Negative

Jerome Powell, former Federal Reserve chair, warned that the central bank is facing a 'stress test' and its credibility is at risk in his first public remarks since leaving office.

Coverage timeline — 1 article
Axios
In his first public remarks since the conclusion of his time as Federal Reserve chair, Jerome Powell has issued a blunt warning that the central bank is undergoing a "stress test" and its credibility is on the line.<p
2026-06-01 00:31 UTC
Share: Twitter / X LinkedIn