Federal Reserve Chair Jerome Powell said the central bank didn't raise interest rates last week as it wanted to slow down its historically rapid increases, but stressed it would likely lift rates again
Updated June 22, 2023 11:01 am ETJerome Powell, as the chair of the U.S. Federal Reserve, appears to hold the country’s economic health in his hands.
It is a coveted role that has earned him both praise and criticism. Here’s how balancing aggressive and conservative policy got him to the top. Illustration: John McColgan for The Wall Street Journal
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