Global central bankers rally behind US Fed Chair Jerome Powell against Trump's criticism

Central bankers from around the world expressed solidarity with US Federal Reserve Chair Jerome Powell following a public rebuke by President Donald Trump, who criticized Powell's rate hikes as 'too tight'. The central bank governors met in Frankfurt to reaffirm their support for Powell and maintain the global economic momentum. Trump's comments sparked concerns among investors and policymakers about the stability of the US economy. The coordinated show of support from central bankers aimed to reassure investors on the Fed's ability to manage the economy effectively.