Powell Planted Clue to Policy Switch With 2017 Inflation Pledge
Jerome Powell, governor of the U.S. Federal Reserve, talks before a meeting of the Board of Governors of the Federal Reserve in Washington, D.C. (Photographer: Andrew Harrer/Bloomberg)

Powell Planted Clue to Policy Switch With 2017 Inflation Pledge

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(Bloomberg) -- The secret behind Federal Reserve Chairman Jerome Powell’s surprise U-turn on monetary policy can possibly be found in comments he made in New York a year and a half ago.
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