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Eleven top central bankers defend Fed’s Jerome Powell over DoJ investigation; oil hits two-month high as Trump threatens Iran’s trading partners – business live

13 janvier 2026 à 11:31

Rolling coverage of the latest economic and financial news, as central bankers from across the world say they stand with Fed’s Powell

Global central bank officials are reportedly planning to release a coordinated statement of support for US Federal Reserve Chair Jerome Powell, after America’s top central banker was threatened with a criminal indictment.

Reuters is reporting that the statement, which is expected to contain the signatures of central bankers from around the world, will back Powell and stress the need for independent central banking.

Criminal investigation into Fed chair Powell has ‘reinforced’ concerns over independence, Goldman Sachs warns – business live

The Guardian

Par :Graeme Wearden

12 janvier 2026 à 16:06

Rolling coverage of the latest economic and financial news

Justice department opens investigation into Jerome Powell as Trump ramps up campaign against Federal Reserve

In the UK property sector, a higher proportion of homes in London were sold at a loss than any other region in England and Wales last year.

Estate agency Hamptons has reported that nearly 15% of London sellers sold for less in 2025 than they originally paid, almost double the national average of 8.7%.

Last year, the average homeowner in England & Wales sold for £91,260 more than they paid, a value increase of 41.0% over an average holding period of 9.0 years. This is £570 less than the 2024 average of £91,830.

Stronger recent price growth in Northern regions has boosted returns, meaning many sellers in the North of England achieved proportionally higher gains than those in much of the South.

Flat sellers were four times more likely to make a loss than house sellers in England & Wales (19.9% vs 4.5%).