Powell’s Warning to Congress About the Next Recession
Jerome Powell, chairman of the U.S. Federal Reserve, listens during a Fed Listens event on “Perspectives on Maximum Employment and Price Stability” at the Federal Reserve in Washington, D.C., U.S.(Photographer: Zach Gibson/Bloomberg)

Powell’s Warning to Congress About the Next Recession

(Bloomberg Opinion) -- Federal Reserve Chair Jerome Powell had a message for Congress in his testimony Wednesday before the Joint Economic Committee: The Fed won’t be able to fight the next recessi...
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