Prosecutors from US attorney's office in Washington were turned away after an unannounced visit to the Fed, according to ABC citing sources

Context

The reported visit by prosecutors to the Federal Reserve reflects increasing scrutiny on central bank operations, which could signify a tense environment between regulatory bodies and monetary policy authorities. This situation may heighten market volatility, particularly in USD, as investors assess any implications for Fed policy and independence. Depending on the outcome, it could influence perceptions regarding rate stability and economic governance.

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