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During his eight-year tenure as Federal Reserve Chair, Jerome Powell navigated crises by slashing interest rates and purchasing bonds during the COVID-19 pandemic, then aggressively raised rates to combat inflation, while also prioritizing relationship-building with Congress to safeguard the Federal Reserve's independence and authority. #FederalReserve #InterestRates #CentralBanking #US
As Powell term ends, his legacy may be as much about courting Congress as monetary policy