Jerome Powell, chairman of the U.S. Federal Reserve, speaks during the Monetary Policy Strategy, Tools, and Communication Practices Conference in Chicago, Illinois, U.S. (Photographer: Taylor Glascock/Bloomberg)

Powell’s Concern Over Zero Rates Expected to Lower Bar for Fed Cut

(Bloomberg) -- Chairman Jerome Powell’s frequent assurance that sustaining the U.S. economic expansion is the Federal Reserve’s “overarching’’ goal is opening the door to potentially aggressive int...

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