[IMF Chief Emphasizes Central Bank Independence, Publicly Supports Fed Chair Powell] According to CCTV News, Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), stated that central bank independence is crucial to economic operations and publicly supported Federal Reserve Chair Jerome Powell, who is under investigation by the Trump administration. Georgieva pointed out that there is ample evidence showing that central bank independence and decision-making based on facts and data align with the interests of businesses and households, contributing to overall economic stability. She mentioned that she had worked with Powell and highly recognized his professionalism, noting that he is held in high regard among his international central bank peers.