FED CHAIR JEROME POWELL PLEDGES TO GET U.S. BACK TO A GREAT ECONOMY

Highlights

• Powell told a virtual panel that his commute home takes him past substantial tent city, and thinks that there millions of Americans who are still trying to get back to work

• The impact of Powell’s speech was clearly visible on the stock market as stocks surged when the Fed chair said the central bank has the tools to curb any inflation pressures

Playing down the inflation, the Federal....