Paul Volcker
FILE - In this Dec. 1, 2020, file photo, Chairman of the Federal Reserve Jerome Powell speaks during a Senate Banking Committee hearing on Capitol Hill in Washington. The U.S. economy has been showing unexpected strength in recent weeks, with barometers of hiring, spending and manufacturing all surging. (AP Photo/Susan Walsh, Pool)
Powell's high-stakes bet: More jobs but only mild inflation

By Christopher Rugaber May. 01, 2021 10:50 AM EDT

FILE - In this Aug. 14, 2019, file photo former Fed Chair Janet Yellen speaks with FOX Business Network guest anchor Jon Hilsenrath in the Fox Washington bureau in Washington. Former Federal Reserve Chair Janet Yellen was among a team of advisers who briefed Joe Biden on Thursday, Aug. 13, 2020, about the economic fallout from the coronavirus. (AP Photo/Andrew Harnik, File)
Ex-Fed Chair Yellen advises Biden on virus economic fallout

By Will Weissert Aug. 13, 2020 04:19 PM EDT