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Federal Reserve Chair Jerome Powell has expressed his readiness to support the job market even if it leads to lingering inflation, amid rising unemployment. This commitment is seen as encouraging bond traders to bet on inflation, reflecting Powell's focus on job market protection.
Powell Juices Bond Market Bet On Inflation With Tilt To Jobs - BBG https://t.co/43Wxle5cLY
Jerome Powell’s increasing focus on protecting the job market is encouraging a swath of bond trader bets on inflation https://t.co/WAYSyNqnHN
jerome powell (trump appointee) has been a good fed chair https://t.co/kvbtIt4uhP
