Powell pledges Fed will prevent inflation from becoming ‘entrenched’

Powell pledges Fed will prevent inflation from becoming ‘entrenched’

This post was originally published on this siteFed Chair Jerome Powell is vowing to prevent the inflation from becoming “entrenched,” as prices rise in the U.S.Powell will tell senators during his confirmation hearing, which begins at 10 a.m. on Tuesday, that the initial shutdown triggered…

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Jerome Powell nominated to stay as US Federal Reserve chair

Jerome Powell nominated to stay as US Federal Reserve chair

This post was originally published on this sitePresident Biden opts for continuity by nominating Jerome Powell to remain head of the central bank.

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Biden Weighs Choice of Jerome Powell or Lael Brainard as Fed Chair

Biden Weighs Choice of Jerome Powell or Lael Brainard as Fed Chair

This post was originally published on this siteThe two candidates have offered similar views on inflation and interest rates this year, suggesting policy continuity is likely.

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