Fed's Powell will aim to win a high-stakes bet in 2nd term - NewsBreak

Home > Business
By Merima in Business
Updated 2 years ago

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell gambled last year that his ultra-low rate policies would help revive an economy that had sunk deep into a pandemic-induced recession. So far, his bet has mostly paid off. Growth and hiring have rebounded faster than anyone expected. President Joe Biden,...