Powell Highlights Importance of Education for Economy and Fed Policy
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Education is crucial for the economy and the Fed's work, according to Fed Chair Jerome Powell.
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Teachers impart knowledge that helps the Fed promote a healthy economy.
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The Fed's monetary policy only works if people understand what the central bankers are saying.
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Powell spoke at a town hall with teachers in Washington, DC.
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His remarks focused on education's role in the economy, not current inflation or monetary policy.
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