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  • Los Angeles Times

    Powell says Fed will try to balance growth and the potential for 'an overheated economy'

    by Jim Puzzanghera, Los Angeles Times Feb 27, 2018 2 minutes

    WASHINGTON - New Federal Reserve Chairman Jerome H. Powell is expected to say Tuesday that the central bank will try to balance economic growth with the potential for "an overheated economy" now that "fiscal policy is becoming more stimulative" with tax cuts and increased federal spending.

    In his first extensive public comments since taking over as Fed chief at the start of the

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