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Topic - Jerome Powell

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Powell sees need to help most vulnerable in uneven recovery

FILE - In this Dec. 1, 2020, file photo, Chairman of the Federal Reserve Jerome Powell speaks during a Senate Banking Committee hearing on Capitol Hill in Washington. The U.S. economy has been showing unexpected strength in recent weeks, with barometers of hiring, spending and manufacturing all surging. (AP Photo/Susan Walsh, Pool)

Powell’s high-stakes bet: More jobs but only mild inflation

FILE - In this Dec. 1, 2020, file photo, Chairman of the Federal Reserve Jerome Powell speaks during a Senate Banking Committee hearing on Capitol Hill in Washington. The U.S. economy has been showing unexpected strength in recent weeks, with barometers of hiring, spending and manufacturing all surging. (AP Photo/Susan Walsh, Pool)

Fed keeps key rate near zero, sees inflation as ‘transitory’

FILE - In this Dec. 1, 2020, file photo, Federal Reserve Chair Jerome Powell listens during a Senate Banking Committee hearing on Capitol Hill in Washington. During an interview broadcast Sunday, April 11, 2021, on CBS' &quot;60 Minutes,&quot; Powell said the U.S. economy is poised for an extended period of strong growth and hiring, though the coronavirus still poses some risk. (Al Drago/The New York Times via AP, Pool, File)

Powell defends Fed’s consideration of climate change risks

FILE - In this Dec. 1, 2020, file photo, Federal Reserve Chair Jerome Powell listens during a Senate Banking Committee hearing on Capitol Hill in Washington. During an interview broadcast Sunday, April 11, 2021, on CBS' &quot;60 Minutes,&quot; Powell said the U.S. economy is poised for an extended period of strong growth and hiring, though the coronavirus still poses some risk. (Al Drago/The New York Times via AP, Pool, File)

Fed’s Powell sees US boom ahead, with COVID still a risk

FILE - In this Dec. 1, 2020 file photo, Federal Reserve Chair Jerome Powell listens during a Senate Banking Committee hearing on Capitol Hill in Washington. Powell on Thursday, April 8, 2021 said the U.S. economy, boosted by quickening vaccinations and signs of rapid hiring, is headed toward a strong recovery, though he cautioned not all will immediately benefit. (Al Drago/The New York Times via AP, Pool)

Fed’s Powell: US nears full reopening to ‘different economy’

In this Dec. 1, 2020, file photo, Chairman of the Federal Reserve Jerome Powell appears before the Senate Banking Committee on Capitol Hill in Washington. (AP Photo/Susan Walsh, Pool, File)

Biden says he hasn’t spoken to Fed chairman Powell; central bank ‘an independent operation’

FILE - In this Tuesday, Dec. 1, 2020, file photo, Federal Reserve Chairman Jerome Powell, right, testifies before the Senate Banking Committee on Capitol Hill in Washington. Powell says the economic recovery from the coronavirus pandemic has progressed more quickly than expected. But still, he says the central bank does not intend to let up in its support efforts. (AP Photo/Susan Walsh, Pool, File)

Powell likens Fed’s pandemic response to British at Dunkirk

FILE - In this Feb. 5, 2021 file photo, Treasury Secretary Janet Yellen speaks during a virtual roundtable with participants from Black Chambers of Commerce across the country to discuss the American Rescue Plan in Washington. Yellen and Federal Reserve Chairman Jerome Powell say more needs to be done to limit the damage from the coronavirus pandemic and promote a full economic recovery. The two officials struck upbeat notes on the future of the economy in their prepared testimony Tuesday, March 23, before the House Financial Services Committee while cautioning that the economy still needs help. (AP Photo/Jacquelyn Martin, File)

Yellen, Powell say more needed to limit US economic damage

House Homeland Security Committee member U.S. Rep. Al Green, D-Tex., questions witnesses (unseen) on the effects of a Aug. 7, 2019 ICE raid in Mississippi which resulted in nearly 700 workers being arrested at seven chicken processing plants, during a field hearing at Tougaloo College, in Jackson, Miss., Thursday, Nov. 7, 2019. (AP Photo/Rogelio V. Solis)

Democrats raise red flags over Biden’s pricey rescue package

In this Dec. 1, 2020, file photo, chairman of the Federal Reserve Jerome Powell appears before the Senate Banking Committee on Capitol Hill in Washington. (AP Photo/Susan Walsh, Pool, File)

Fed’s Powell: Public should understand risks of Bitcoin

Powell says economy recovering but Fed support still needed

Powell: US economy gaining, but recovery ‘far from complete’

In this Dec. 1, 2020, file photo, Chairman of the Federal Reserve Jerome Powell appears before the Senate Banking Committee on Capitol Hill in Washington. (AP Photo/Susan Walsh, Pool, File)

New challenge for the Powell Fed: A strengthening economy

In this Dec. 1, 2020, file photo, Chairman of the Federal Reserve Jerome Powell appears before the Senate Banking Committee on Capitol Hill in Washington. (AP Photo/Susan Walsh, Pool, File)

Powell: Higher inflation temporary, no rate hikes in sight

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“We knew that we would never be able to explain in such an emergency situation why we hadn't used our tools in that way," Powell said.

Powell likens Fed's pandemic response to British at Dunkirk →

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