Australia's Support for Jerome Powell

Australia's Treasurer Jim Chalmers expressed his support for Michele Bullock's decision to sign a statement backing U.S. Federal Reserve Chair Jerome Powell. Chalmers praised Powell's professionalism and dedication, highlighting the strong ties between the Australian and US financial sectors.

Australia's Treasurer, Jim Chalmers, affirmed on Friday his endorsement of Reserve Bank Governor Michele Bullock's decision to sign a statement in support of U.S. Federal Reserve Chair Jerome Powell.

Chalmers highlighted Powell's professionalism and diligence, describing him as an exemplary public servant in the United States.

This gesture underscores the close economic relations between Australia and the U.S., fostering collaboration and mutual respect within the financial industry.