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FOLLOWING THE MONEY

Powell remaining on the Fed board provides a steadying hand amid economic jitters

Fed watchers say it’s unlikely the Central Bank will shift quickly on monetary policy with Jerome Powell as one of its governors, even if he won't be wielding the gavel.

Federal Reserve Chairman Jerome Powell speaks at a news conference at the Fed following the Federal Open Market Committee meeting on April 29. (AP Photo/Cliff Owen)
Federal Reserve Chairman Jerome Powell speaks at a news conference at the Fed following the Federal Open Market Committee meeting on April 29. (AP Photo/Cliff Owen)
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