Global Central Bank Leaders Express Support for Federal Reserve Chair Powell's Independence

On January 11, 2026, multiple international central banking leaders issued a joint statement expressing solidarity with Federal Reserve Chair Jerome H. Powell. The statement emphasized the fundamental importance of central bank independence for maintaining price stability, financial security, and economic health. Signatories praised Powell's professional integrity and dedication to public service, describing him as a highly respected colleague. The declaration specifically highlighted the necessity of preserving institutional autonomy while adhering to legal frameworks and democratic oversight. This collective endorsement came from prominent figures including Christine Lagarde of the European Central Bank, Andrew Bailey of the Bank of England, and representatives from Sweden, Denmark, Switzerland, Australia, Canada, South Korea, Brazil, and the Bank for International Settlements. The unified message underscores global financial authorities' commitment to institutional principles amid evolving economic governance discussions.