{"id":51488,"date":"2026-03-09T13:22:50","date_gmt":"2026-03-09T13:22:50","guid":{"rendered":"https:\/\/xlence-com.wp-dev.int.theitops.net\/news-analysis\/us-federal-prosecutors-open-inquiry-into-fed-chair-powell\/"},"modified":"2026-03-09T13:22:50","modified_gmt":"2026-03-09T13:22:50","slug":"us-federal-prosecutors-open-inquiry-into-fed-chair-powell","status":"publish","type":"news_analysis","link":"https:\/\/www.xlence.com\/ko\/news-analysis\/us-federal-prosecutors-open-inquiry-into-fed-chair-powell\/","title":{"rendered":"US federal prosecutors open inquiry into Fed Chair Powell"},"content":{"rendered":"<p>Federal prosecutors have opened a criminal investigation into Federal Reserve (Fed) Chair Jerome Powell regarding the central bank&#8217;s renovation of its Washington headquarters and whether Powell lied to Congress about the project&#8217;s scope, the New York Times reported on Sunday.&nbsp;<\/p>\n<p>The investigation is being overseen by the US Attorney\u2019s Office for the District of Columbia. The office is led by US Attorney Jeanine Pirro, a former New York state prosecutor and Fox News host, who was appointed to that job by US President Donald Trump. <\/p>\n<h2 class=\"fxs_headline_from_medium_to_large\">Market reaction<\/h2>\n<p>At the time of writing,theUS Dollar Index(DXY) is trading around 98.90, down 0.23% on the day.&nbsp;<\/p>\n<div class=\"post-module\">\n<div id=\"content-module-faq-Forex-fed-177\" data-type=\"faq\" data-module=\"faq\" data-config-topic=\"fed\" data-config-category=\"Forex\" data-version=\"v1\" data-content-module-translate=\"0\">\n<div class=\"fxs-faq-module-wrapper\">\n<h2 class=\"fxs-faq-module-title\">Fed FAQs<\/h2>\n<div class=\"fxs-faq-module-container\">\n                <input type=\"checkbox\" id=\"content-module-faq-Forex-fed-177accordion0\" checked><\/p>\n<section class=\"fxs-faq-module-section\">\n<h3 class=\"fxs-faq-module-header\">\n                        <label for=\"content-module-faq-Forex-fed-177accordion0\"><br \/>\n                            <span>What does the Federal Reserve do, how does it impact the US Dollar?<\/span><br \/>\n                        <\/label><br \/>\n                    <\/h3>\n<p class=\"fxs-faq-module-content\">Monetary policy in the US is shaped by the Federal Reserve (Fed). The Fed has two mandates: to achieve price stability and foster full employment. Its primary tool to achieve these goals is by adjusting interest rates.<br \/>\nWhen prices are rising too quickly and inflation is above the Fed\u2019s 2% target, it raises interest rates, increasing borrowing costs throughout the economy. This results in a stronger US Dollar (USD) as it makes the US a more attractive place for international investors to park their money.<br \/>\nWhen inflation falls below 2% or the Unemployment Rate is too high, the Fed may lower interest rates to encourage borrowing, which weighs on the Greenback.   <\/p>\n<\/section>\n<p>                <input type=\"checkbox\" id=\"content-module-faq-Forex-fed-177accordion1\"><\/p>\n<section class=\"fxs-faq-module-section\">\n<h3 class=\"fxs-faq-module-header\">\n                        <label for=\"content-module-faq-Forex-fed-177accordion1\"><br \/>\n                            <span>How often does the Fed hold monetary policy meetings?<\/span><br \/>\n                        <\/label><br \/>\n                    <\/h3>\n<p class=\"fxs-faq-module-content\">The Federal Reserve (Fed) holds eight policy meetings a year, where the Federal Open Market Committee (FOMC) assesses economic conditions and makes monetary policy decisions.<br \/>\nThe FOMC is attended by twelve Fed officials \u2013 the seven members of the Board of Governors, the president of the Federal Reserve Bank of New York, and four of the remaining eleven regional Reserve Bank presidents, who serve one-year terms on a rotating basis.<\/p>\n<\/section>\n<p>                <input type=\"checkbox\" id=\"content-module-faq-Forex-fed-177accordion2\"><\/p>\n<section class=\"fxs-faq-module-section\">\n<h3 class=\"fxs-faq-module-header\">\n                        <label for=\"content-module-faq-Forex-fed-177accordion2\"><br \/>\n                            <span>What is Quantitative Easing (QE) and how does it impact USD?<\/span><br \/>\n                        <\/label><br \/>\n                    <\/h3>\n<p class=\"fxs-faq-module-content\">In extreme situations, the Federal Reserve may resort to a policy named Quantitative Easing (QE). QE is the process by which the Fed substantially increases the flow of credit in a stuck financial system.<br \/>\nIt is a non-standard policy measure used during crises or when inflation is extremely low. It was the Fed\u2019s weapon of choice during the Great Financial Crisis in 2008. It involves the Fed printing more Dollars and using them to buy high grade bonds from financial institutions. QE usually weakens the US Dollar.    <\/p>\n<\/section>\n<p>                <input type=\"checkbox\" id=\"content-module-faq-Forex-fed-177accordion3\"><\/p>\n<section class=\"fxs-faq-module-section\">\n<h3 class=\"fxs-faq-module-header\">\n                        <label for=\"content-module-faq-Forex-fed-177accordion3\"><br \/>\n                            <span>What is Quantitative Tightening (QT) and how does it impact the US Dollar?<\/span><br \/>\n                        <\/label><br \/>\n                    <\/h3>\n<p class=\"fxs-faq-module-content\">Quantitative tightening (QT) is the reverse process of QE, whereby the Federal Reserve stops buying bonds from financial institutions and does not reinvest the principal from the bonds it holds maturing, to purchase new bonds. It is usually positive for the value of the US Dollar. <\/p>\n<\/section><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Federal prosecutors have opened a criminal investigation into Federal Reserve (Fed) Chair Jerome Powell regarding the central bank&#8217;s renovation of its Washington headquarters and whether Powell lied to Congress about the project&#8217;s scope, the New York Times reported on Sunday. <\/p>\n","protected":false},"author":2,"featured_media":51489,"template":"","news_category":[179],"class_list":["post-51488","news_analysis","type-news_analysis","status-publish","has-post-thumbnail","hentry","news_category-latest-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>US federal prosecutors open inquiry into Fed Chair Powell - Xlence<\/title>\n<meta name=\"robots\" content=\"noindex, nofollow\" \/>\n<meta property=\"og:locale\" content=\"ko_KR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US federal prosecutors open inquiry into Fed Chair Powell\" \/>\n<meta property=\"og:description\" content=\"Federal prosecutors have opened a criminal investigation into Federal Reserve (Fed) Chair Jerome Powell regarding the central bank&#039;s renovation of its Washington headquarters and whether Powell lied to Congress about the project&#039;s scope, the New York Times reported on Sunday.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.xlence.com\/ko\/news-analysis\/us-federal-prosecutors-open-inquiry-into-fed-chair-powell\/\" \/>\n<meta property=\"og:site_name\" content=\"Xlence\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.xlence.com\/wp-content\/uploads\/2026\/01\/Federal-Reserve-Building_2_Medium.png\" \/>\n\t<meta property=\"og:image:width\" content=\"645\" \/>\n\t<meta property=\"og:image:height\" content=\"323\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\uc608\uc0c1 \ub418\ub294 \ud310\ub3c5 \uc2dc\uac04\" \/>\n\t<meta name=\"twitter:data1\" content=\"2\ubd84\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.xlence.com\\\/ko\\\/news-analysis\\\/us-federal-prosecutors-open-inquiry-into-fed-chair-powell\\\/\",\"url\":\"https:\\\/\\\/www.xlence.com\\\/ko\\\/news-analysis\\\/us-federal-prosecutors-open-inquiry-into-fed-chair-powell\\\/\",\"name\":\"US federal prosecutors open inquiry into Fed Chair Powell - Xlence\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.xlence.com\\\/ko\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.xlence.com\\\/ko\\\/news-analysis\\\/us-federal-prosecutors-open-inquiry-into-fed-chair-powell\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.xlence.com\\\/ko\\\/news-analysis\\\/us-federal-prosecutors-open-inquiry-into-fed-chair-powell\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.xlence.com\\\/wp-content\\\/uploads\\\/2026\\\/01\\\/Federal-Reserve-Building_2_Medium.png\",\"datePublished\":\"2026-03-09T13:22:50+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.xlence.com\\\/ko\\\/news-analysis\\\/us-federal-prosecutors-open-inquiry-into-fed-chair-powell\\\/#breadcrumb\"},\"inLanguage\":\"ko-KR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.xlence.com\\\/ko\\\/news-analysis\\\/us-federal-prosecutors-open-inquiry-into-fed-chair-powell\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ko-KR\",\"@id\":\"https:\\\/\\\/www.xlence.com\\\/ko\\\/news-analysis\\\/us-federal-prosecutors-open-inquiry-into-fed-chair-powell\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.xlence.com\\\/wp-content\\\/uploads\\\/2026\\\/01\\\/Federal-Reserve-Building_2_Medium.png\",\"contentUrl\":\"https:\\\/\\\/www.xlence.com\\\/wp-content\\\/uploads\\\/2026\\\/01\\\/Federal-Reserve-Building_2_Medium.png\",\"width\":645,\"height\":323,\"caption\":\"US federal prosecutors open inquiry into Fed Chair Powell\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.xlence.com\\\/ko\\\/news-analysis\\\/us-federal-prosecutors-open-inquiry-into-fed-chair-powell\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.xlence.com\\\/ko\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"US federal prosecutors open inquiry into Fed Chair Powell\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.xlence.com\\\/ko\\\/#website\",\"url\":\"https:\\\/\\\/www.xlence.com\\\/ko\\\/\",\"name\":\"Xlence\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.xlence.com\\\/ko\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"ko-KR\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"US federal prosecutors open inquiry into Fed Chair Powell - Xlence","robots":{"index":"noindex","follow":"nofollow"},"og_locale":"ko_KR","og_type":"article","og_title":"US federal prosecutors open inquiry into Fed Chair Powell","og_description":"Federal prosecutors have opened a criminal investigation into Federal Reserve (Fed) Chair Jerome Powell regarding the central bank's renovation of its Washington headquarters and whether Powell lied to Congress about the project's scope, the New York Times reported on Sunday.","og_url":"https:\/\/www.xlence.com\/ko\/news-analysis\/us-federal-prosecutors-open-inquiry-into-fed-chair-powell\/","og_site_name":"Xlence","og_image":[{"width":645,"height":323,"url":"https:\/\/www.xlence.com\/wp-content\/uploads\/2026\/01\/Federal-Reserve-Building_2_Medium.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"\uc608\uc0c1 \ub418\ub294 \ud310\ub3c5 \uc2dc\uac04":"2\ubd84"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.xlence.com\/ko\/news-analysis\/us-federal-prosecutors-open-inquiry-into-fed-chair-powell\/","url":"https:\/\/www.xlence.com\/ko\/news-analysis\/us-federal-prosecutors-open-inquiry-into-fed-chair-powell\/","name":"US federal prosecutors open inquiry into Fed Chair Powell - Xlence","isPartOf":{"@id":"https:\/\/www.xlence.com\/ko\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.xlence.com\/ko\/news-analysis\/us-federal-prosecutors-open-inquiry-into-fed-chair-powell\/#primaryimage"},"image":{"@id":"https:\/\/www.xlence.com\/ko\/news-analysis\/us-federal-prosecutors-open-inquiry-into-fed-chair-powell\/#primaryimage"},"thumbnailUrl":"https:\/\/www.xlence.com\/wp-content\/uploads\/2026\/01\/Federal-Reserve-Building_2_Medium.png","datePublished":"2026-03-09T13:22:50+00:00","breadcrumb":{"@id":"https:\/\/www.xlence.com\/ko\/news-analysis\/us-federal-prosecutors-open-inquiry-into-fed-chair-powell\/#breadcrumb"},"inLanguage":"ko-KR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.xlence.com\/ko\/news-analysis\/us-federal-prosecutors-open-inquiry-into-fed-chair-powell\/"]}]},{"@type":"ImageObject","inLanguage":"ko-KR","@id":"https:\/\/www.xlence.com\/ko\/news-analysis\/us-federal-prosecutors-open-inquiry-into-fed-chair-powell\/#primaryimage","url":"https:\/\/www.xlence.com\/wp-content\/uploads\/2026\/01\/Federal-Reserve-Building_2_Medium.png","contentUrl":"https:\/\/www.xlence.com\/wp-content\/uploads\/2026\/01\/Federal-Reserve-Building_2_Medium.png","width":645,"height":323,"caption":"US federal prosecutors open inquiry into Fed Chair Powell"},{"@type":"BreadcrumbList","@id":"https:\/\/www.xlence.com\/ko\/news-analysis\/us-federal-prosecutors-open-inquiry-into-fed-chair-powell\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.xlence.com\/ko\/"},{"@type":"ListItem","position":2,"name":"US federal prosecutors open inquiry into Fed Chair Powell"}]},{"@type":"WebSite","@id":"https:\/\/www.xlence.com\/ko\/#website","url":"https:\/\/www.xlence.com\/ko\/","name":"Xlence","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.xlence.com\/ko\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"ko-KR"}]}},"_links":{"self":[{"href":"https:\/\/www.xlence.com\/ko\/wp-json\/wp\/v2\/news_analysis\/51488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.xlence.com\/ko\/wp-json\/wp\/v2\/news_analysis"}],"about":[{"href":"https:\/\/www.xlence.com\/ko\/wp-json\/wp\/v2\/types\/news_analysis"}],"author":[{"embeddable":true,"href":"https:\/\/www.xlence.com\/ko\/wp-json\/wp\/v2\/users\/2"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.xlence.com\/ko\/wp-json\/wp\/v2\/media\/51489"}],"wp:attachment":[{"href":"https:\/\/www.xlence.com\/ko\/wp-json\/wp\/v2\/media?parent=51488"}],"wp:term":[{"taxonomy":"news_category","embeddable":true,"href":"https:\/\/www.xlence.com\/ko\/wp-json\/wp\/v2\/news_category?post=51488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}