Washington CNN —
Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US economy, from the pandemic to a historic bout of inflation shortly after.
But the job isn’t finished yet.
Inflation is now well below the 40-year highs of 2022, when the US central bank kicked off an aggressive rate-hiking campaign that pushed interest rates to a bruising 23-year high. Tamping down inflation in just over two years without triggering a recession came despite warnings from critics and from Powell himself that such action
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