HomeBusinessBiden congratulates Powell, promises Fed 'laser focus' on inflation

Biden congratulates Powell, promises Fed ‘laser focus’ on inflation

May 31, 2022

U.S. President Biden announces nomination of Federal Reserve Chair Powell for second four-year term at the White House in Washington

WASHINGTON (Reuters) – U.S. President Joe Biden said he and Jerome Powell will discuss inflation in a White House meeting Tuesday, and pledged to give the Federal Reserve chair space to do his job.

(Reporting by Jeff Mason)

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