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Feb. 23, 2021, 2:03 p.m. EST

Powell says economy still ‘long way’ from full health: live-blog recap

Fed chairman says rising bond yields show market is confident of improved economy

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By Greg Robb, MarketWatch

Bloomberg News/Landov
Jerome Powell, chairman Federal Reserve, defended the Fed’s dovish policy and sidestepped questions about President Biden’s $1.9 trillion stimulus plan. .

Fed Chairman Jerome Powell testifies to the Senate Banking Committee Tuesday morning and MarketWatch reporters are here to bring you live updates.


Greg Robb is a senior reporter for MarketWatch in Washington. Follow him on Twitter @grobb2000.

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