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Jerome Powell Fed chairman (Photo: Bloomberg)

Although the economic recovery “has progressed more quickly than generally expected … the outlook remains highly uncertain,” said Fed Chairman Jerome Powell, in a speech to the National Association for Business Economics, on Tuesday.

“The expansion is still far from complete,” said Powell, who argued in favor of more policy intervention by monetary and fiscal authorities rather than less. 

Bernice Napach

Bernice Napach is a senior writer at ThinkAdvisor covering financial markets and asset managers, robo-advisors, college planning and retirement issues. She has worked at Yahoo Finance, Bloomberg TV, CNBC, Reuters, Investor's Business Daily and The Bond Buyer and has written articles for The New York Times, TheStreet.com, The Star-Ledger, The Record, Variety and Worth magazine. Bernice has a Bachelor of Science in Social Welfare from SUNY at Stony Brook.

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