It turns out there's a reason why Federal Reserve Chair Jerome Powell is always wearing a purple tie at his press conferences. "At the beginning, the only significance was that I liked purple ties ...

Even the color of Fed Chair Jerome Powell's necktie has significance as the battle over monetary policy heats up. "It's not that we are bipartisan, we are nonpolitical ... so purple is a good ...

"I definitely wear purple ties all the time." Initially the Fed chair said he simply preferred the shade, but then elaborated that "it felt a little awkward to be wearing one that was identified ...

It turns out there's a reason why Federal Reserve Chair Jerome Powell is always wearing a purple tie at his press conferences. "At the beginning, the only significance was that I liked purple ties," ...