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Senate Prepares to Confirm Jerome Powell to Second Term Leading Federal Reserve
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The Senate is poised to confirm Federal Reserve Chairman Jerome Powell to a second four-year term that is shaping up to be every bit as trying as his first term as the central bank faces the highest inflation in 40 years.
Mr. Powell’s nomination, scheduled for a Senate vote on Thursday afternoon, has been on track for months to win bipartisan approval despite unease over inflation and aggressive interest-rate increases that the Fed has urgently commenced to cool price pressures.
Read more on wsj.comAbout this in other media
Powell Says Fed Has Resolve to Bring U.S. Inflation Down wsj.com /1 year ago
Powell says the Fed will not hesitate to keep raising rates until inflation comes down cnbc.com /1 year ago
Powell says he can't guarantee a 'soft landing' as the Fed looks to control inflation cnbc.com /1 year ago
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