Biden congratulates Powell, promises Fed 'laser focus' on inflation
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U.S. President Joe Biden announces the nomination of Federal Reserve Chair Jerome Powell for a second four-year term, and Federal Reserve board member Lael Brainard to serve as vice chair,as Powell stands byin the Eisenhower Executive Office Building’s
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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