IIRC the fed tried a few times to tighten and the market reacted badly(i.e. taper tantrum). Rather than focus on economic health, Powell chose to support asset

IIRC the fed tried a few times to tighten and the market reacted badly(i.e. taper tantrum). Rather than focus on economic health, Powell chose to support asset prices owned by the upper half of Americans(and, by a huge majority, the 1%). That sort of makes sense given Powell was a Trump appointee and Trump favored a weak dollar in order to boost American manufacturing.