Trump’s ‘intimidation’ of Jerome Powell with DOJ probe tests Fed
The criminal investigation into Federal Reserve Chair Jerome Powell is testing the U.S. central bank’s independence again and reinforcing the view among global investors that they need to diversify away from U.S. assets. “That’s what seems to be transpiring this morning,” Julien Lafargue, chief market strategist at Barclays Private Bank, told CNBC’s “Europe Early Edition”…