By Victoria Guida

Central bank chief seeks to avoid market turmoil as president weighs tapping him for a second term.

Central bank chief seeks to avoid market turmoil as president weighs tapping him for a second term.

Central bank chief seeks to avoid market turmoil as president weighs tapping him for a second term.

Central bank chief seeks to avoid market turmoil as president weighs tapping him for a second term.

Central bank chief seeks to avoid market turmoil as president weighs tapping him for a second term.

Central bank chief seeks to avoid market turmoil as president weighs tapping him for a second term.

Both the Fed and the Biden administration have said rapid price increases are being stoked by temporary factors.

Both the Fed and the Biden administration have said rapid price increases are being stoked by temporary factors.

Both the Fed and the Biden administration have said rapid price increases are being stoked by temporary factors.

Both the Fed and the Biden administration have said rapid price increases are being stoked by temporary factors.

Both the Fed and the Biden administration have said rapid price increases are being stoked by temporary factors.

Both the Fed and the Biden administration have said rapid price increases are being stoked by temporary factors.

Both the Fed and the Biden administration have said rapid price increases are being stoked by temporary factors.

Both the Fed and the Biden administration have said rapid price increases are being stoked by temporary factors.

Both the Fed and the Biden administration have said rapid price increases are being stoked by temporary factors.

Both the Fed and the Biden administration have said rapid price increases are being stoked by temporary factors.

Both the Fed and the Biden administration have said rapid price increases are being stoked by temporary factors.

Both the Fed and the Biden administration have said rapid price increases are being stoked by temporary factors.

Both the Fed and the Biden administration have said rapid price increases are being stoked by temporary factors.

Both the Fed and the Biden administration have said rapid price increases are being stoked by temporary factors.

Both the Fed and the Biden administration have said rapid price increases are being stoked by temporary factors.

Both the Fed and the Biden administration have said rapid price increases are being stoked by temporary factors.

Both the Fed and the Biden administration have said rapid price increases are being stoked by temporary factors.

Both the Fed and the Biden administration have said rapid price increases are being stoked by temporary factors.

Both the Fed and the Biden administration have said rapid price increases are being stoked by temporary factors.

Fed Chair Jerome Powell said the central bank still expects rising inflation to subside in the coming months but underscored that he will be watching the data to see if that’s wrong.

Fed Chair Jerome Powell said the central bank still expects rising inflation to subside in the coming months but underscored that he will be watching the data to see if that’s wrong.

Fed Chair Jerome Powell said the central bank still expects rising inflation to subside in the coming months but underscored that he will be watching the data to see if that’s wrong.

Fed Chair Jerome Powell said the central bank still expects rising inflation to subside in the coming months but underscored that he will be watching the data to see if that’s wrong.

Fed Chair Jerome Powell said the central bank still expects rising inflation to subside in the coming months but underscored that he will be watching the data to see if that’s wrong.