Leading central bankers voice full solidarity with U.S. Fed amid Trump pressure

FRANKFURT, Jan. 13 (Xinhua) -- A group of major central bank governors said on Tuesday that they fully support the U.S. Federal Reserve (Fed) and its chair Jerome Powell, following an escalation in the Trump administration's confrontation with the Fed.

According to a statement published on the European Central Bank's website, the endorsement was signed by 11 major central bank heads and two senior officials from international financial institutions. Signatories include European Central Bank President Christine Lagarde and Bank of England Governor Andrew Bailey, as well as their counterparts from Australia, Denmark, Canada, South Korea, and Brazil, among others.