Fed’s Powell faces a puzzling crisis with no simple solution

Jerome Powell is confronting his stiffest test yet as head of the Federal Reserve in an atmosphere vastly altered from what his predecessors faced. It makes an uncertain situation even more challenging. This week, Powell announced a surprise half-point interest rate cut that shrank the Fed's key rate to a range of just 1 percent to ...

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Fed’s Powell faces a puzzling crisis with no simple solution

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