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Federal Reserve Board Chairman Jerome Powell. (Photo: Bloomberg) Federal Reserve Board Chairman Jerome Powell. (Photo: Bloomberg)

Although the Federal Reserve expects the U.S. economy will continue to expand along with a strong labor market and moderate inflation, the economy faces several long-term issues that are beyond the Fed’s scope or ability to address, according to its chairman, Jerome Powell.

Bernice Napach

Bernice Napach is a senior writer at ThinkAdvisor covering financial markets and asset managers, robo-advisors, college planning and retirement issues. She has worked at Yahoo Finance, Bloomberg TV, CNBC, Reuters, Investor's Business Daily and The Bond Buyer and has written articles for The New York Times, TheStreet.com, The Star-Ledger, The Record, Variety and Worth magazine. Bernice has a Bachelor of Science in Social Welfare from SUNY at Stony Brook.

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