Fed's Powell: rates to stay low for 'however long it takes'

BENGALURU : Federal Reserve Chair Jerome Powell on Friday said the U.S. jobs report for August was "a good one," but noted that with gains likely to slow, the central bank is planning to keep its foot on the monetary policy gas pedal for years. "We do think it will get harder from here — because of those areas of the economy that are so directly affected by the pandemic still," Powell told National Public Radio in an interview, referring particularly to sectors like...