Politics

Takeaways from Fed chair Jerome Powell’s legacy

FILE PHOTO: U.S. Federal Reserve Chair Jerome Powell attends a press conference at the U.S. Federal Reserve in Washington

WASHINGTON (AP) — When Jerome Powell was sworn in as chair of the Federal Reserve eight years ago, economists worried that inflation and interest rates were too low and that too few Americans had jobs.

WATCH: Powell says he will stay on Fed board after chair term ends,…

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