The independence of central banks is "paramount" for global economic stability and growth, the International Monetary Fund (IMF) has warned.

It comes a week after Federal Reserve chair Jerome Powell said he was the subject of an "unprecedented" US justice department criminal investigation over his testimony about the bank's building renovations.

He said he believed this was due to Donald Trump's anger over the Fed not cutting interest rates, but Trump said he did not know about the investigation.

The IMF's comments came in its latest world economic outlook, where it described the global economy as "steady", with headwinds from shifting trade policies offset by surging tech and AI investment.

Overall, the economic watchdog said global growth was projected to remain "resilient" at 3.3% this year - an increase from its previous forecast of 3.1% - and 3.2% in 2027.