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Here's what we learnt from the new Fed chief's first testimony

Mr Powell says his focus as Fed chief is on the economy and thus, near-term gyrations in the stock market are unlikely to faze him.

New York

FEDERAL Reserve chairman Jerome Powell appeared Tuesday before the House Financial Services Committee, his first testimony since he took charge earlier this month. He moved markets with his upbeat economic assessment, and also dropped some hints about how his views and style...

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