The Fed s Powell pledged to get the U.S. back to a “great economy” and invoked a homeless encampment in downtown Washington to make the point that the recovery remains incomplete. Playing down the risk that inflation could get out of control as the pandemic recedes, Powell told a panel Thursday that his commute home takes him past a “substantial tent city,” and that he thought of the millions of Americans who are still trying to get back to work. “So we just need to keep reminding ourselves that even though some parts of the economy are just doing great, there’s a very large group of people who are not,” he said during the IMF panel. “I really want to finish the job and get back to a great economy.”
Singapore s PM-in-waiting steps aside as future leader
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Singapore succession in limbo: 4G team needs to hone fresh working dynamic after GE and Covid-19, analysts say | Singapore
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