Economist: I think Jerome Powell 'caved' to pressure
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Economist: I think Jerome Powell 'caved' to pressure

Federal Reserve Chairman Jerome Powell said on Friday that the central bank will be patient in watching how the economy evolves. Noting that the job report in the U.S. was "incredibly strong," Rob Carnell of ING says it looks like Powell "caved" to pressure.
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Sun, Jan 6 20196:27 PM EST