Jerome Powell, governor of the U.S. Federal Reserve in the Rose Garden of the White House in Washington, D.C., U.S. (Photographer: Olivier Douliery/Bloomberg)

Powell Embraces the Walkback to the Market's Delight

(Bloomberg Opinion) -- Federal Reserve Chairman Jerome Powell is not afraid to admit his mistakes. That was the big takeaway from his speech on Wednesday, when he sent stocks flying higher by sayin...