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3232Powell Says Fed’s Battle With Inflation Will Bring ‘Some Pain,’ After Insisting Last Year Elevated Inflation Is ‘Likely to Prove Temporary’
https://www.digit.info/powell-says-feds-battle-with-inflation-will-bring-some-pain-after-insisting-last-year-elevated-inflation-is-likely-to-prove-temporary/
Sat, 27 Aug 2022 18:30:41 +0000https://www.digit.info/2022/08/27/powell-says-feds-battle-with-inflation-will-bring-some-pain-after-insisting-last-year-elevated-inflation-is-likely-to-prove-temporary/Read more]]>On Friday, Jerome Powell spoke at the annual Jackson Hole Economic Symposium and the Federal Reserve chair explained that the U.S. central bank is focused on fighting the country’s red-hot inflation. Powell stressed at the event that strict monetary policy is necessary, and his commentary hinted that the Fed won’t hit the brakes on monetary […]
On Friday, Jerome Powell spoke at the annual Jackson Hole Economic Symposium and the Federal Reserve chair explained that the U.S. central bank is focused on fighting the country’s red-hot inflation. Powell stressed at the event that strict monetary policy is necessary, and his commentary hinted that the Fed won’t hit the brakes on monetary […]