# CryptoAndRates

128
🏛️ *Global Central Banks Quietly Back Powell — Why It Matters for Markets* 🌍
As U.S. political pressure mounts on Jerome Powell, central bank leaders worldwide are sending a subtle but unified message: *defend independence*.
Why is this significant?
✔️ *Monetary trust is global* — When the Fed’s credibility is questioned, markets everywhere feel the tremors.
✔️ *Policy needs stability* — Interest rate moves take time to work. Political interference undermines confidence and damages outcomes.
✔️ *History warns us* — Many economies have paid the price when politics dictated central bank ac
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