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Federal Reserve Chair Jerome Powell departs after facing reporters at a press conference following a two-day meeting of the Federal Open Market Committee in Washington on June 15, 2022. Elizabeth Frantz/Reuters
Federal Reserve Chair Jerome Powell emphasized the need for central bank independence while the institution grapples with elevated inflation.
During a Jan. 10 speech at Sweden’s Riksbank, the head of the U.S. central bank said resuscitating price stability requires employing difficult measures that may not be politically popular.
