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Powell says he wants to 'turn this job over' with economy in 'really good shape' before departure

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6 hours ago

Despite nearing the end of his term, Federal Reserve Chairman Jerome Powell sidestepped any discussion of his legacy, emphasizing instead the goals he wants to lock in before passing the reins."I really want to turn this job over to whoever replaces me with the economy in really good shape. That's what I want," Powell said during a Dec. 10 press conference following the central bank's interest rate decision.FROM MORTGAGES TO CAR LOANS: AFFORDABILITY RISES AND FALLS WITH THE FED"I want inflation to be under control, coming back down to 2%. And I want the labor market to be strong. That's what I...

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6 hours ago
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