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Powell's legacy at the Fed to be shaped by his misjudging inflation and standing up to Trump
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macro 40/10 Google News Macroeconomics (EN) · 3h ago

Powell's legacy at the Fed to be shaped by his misjudging inflation and standing up to Trump

An analysis suggests that Federal Reserve Chair Jerome Powell's legacy will be defined by his initial misjudgment of inflation and his demonstrated independence by resisting pressure from former President Trump.

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