Here’s How Powell Regains Control of the Fed’s Narrative
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)

Here’s How Powell Regains Control of the Fed’s Narrative

(Bloomberg Opinion) -- Using words to influence people’s behavior — technically known as policy guidance — is key to the Federal Reserve’s ability to deliver on its dual mandate of maximum employme...
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