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Fed's Powell: Years of Strong Jobs, Low Inflation Still Ahead

Federal Reserve Chairman Jerome Powell said on Tuesday he sees the United States on track for years more of steady growth, but was challenged in a congressional hearing by senators worried the Trump administration's trade policies were already damaging businesses in their districts. Powell, in written testimony to the Senate Banking Committee and in his response to questions about a possible "trade war," largely discounted the risks and said there would be a positive outcome...

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