Federal Reserve Chair Jerome Powell is being investigated by the US Department of Justice over his testimony on renovations to the Fed’s headquarters in Washington DC. It comes as the Fed faces a tough balance between keeping inflation in check and the labor market strong. In a wide-ranging interview with Yahoo Finance Senior Fed Reporter Jennifer Schonberger, Federal Reserve Governor Michael Barr weighs in on the Powell probe, shares his outlook for inflation, and what a new Fed chair would mean for the central bank. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here: https://finance.yahoo.com/videos/series/market-catalysts/
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