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Powell says Fed limited power over gas prices amid weak hiring.
Federal Reserve Chair Jerome Powell said the Fed is monitoring rising energy prices near $4 per gallon but noted monetary policy has limited power over short-term shocks.
He addressed a challenging job market with weak hiring and attributed some hesitation to AI uncertainty, while urging graduates to adapt to technology and stressing the Fed's independence amid political pressure.
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Powell dice que la Fed tiene un poder limitado sobre los precios de la gasolina en medio de una contratación débil.