Fed chief says will do 'whatever it takes' for US economy

Trump's latest attacks, delivered in an interview this week, meant politics cast a shadow highly anticipated speech, the highlight of the annual gathering of global central bankers in Jackson Hole, Wyoming, an idyllic setting in the American West for serious discussions on how to manage the economy. In an address, Powell stayed resolutely focused on the policy debate and the challenges facing the Fed's rate-setting Federal Open Market Committee (FOMC) but he made it clear officials were focused on the economic data.

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