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Powell Era Arrives as Fed's Gradual Pace Looks Ripe for Rethink

  • Top financiers voice worry about bubbles, Fed’s dovish stance
  • Incoming Fed chair has mandate to add more clarity to policy
Bloomberg business news
This Bloomberg Profile takes a closer look at the new Fed Chair, Jerome "Jay" Powell.(Source: Bloomberg)

The American labor market is sizzling, inflation more broadly in the U.S. looks like it’s perking up and even a decade-long global economic recovery looks ready to shift into a higher gear.

No pressure, Jerome Powell.