Federal Reserve Chair Jerome Powell's tenure is up in a year, so as the central bank puts together its final framework under his leadership, it's useful to consider his legacy at the helm of arguably the world's most powerful financial entity.

Following the last review, the Fed outlined a policy that became known as flexible average inflation targeting. The move was a stated intent to allow inflation to run slightly over the central bank's 2% target for a period of time in the interest of providing full and inclusive employment across the economy, including for race and gender.

Market Domination Overtime anchors Julie Hyman and Josh Lipton preview the biggest news stories and market headlines expected out next week, including earnings results from semiconductor giant Nvidia (NVDA),

Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux.

Federal Reserve Chair Jerome Powell warned on Wednesday that President ... the federal funds rate at 4-1/4 to 4-1/2 percent,” the Fed wrote in its Open Market Committee statement.

JPMorgan Chase CEO Jamie Dimon has come to the defence of Fed chairman Jerome Powell, saying his cautious approach is appropriate.

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While acknowledging “the economic environment has changed significantly since 2020,” Federal Reserve chair Jerome Powell reiterated how policymakers approac