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Powell at Jackson Hole: Fed Committed to 2% Inflation But Agility Required

Summary Fed Chair Jerome Powell reiterated the FOMC’s commitment to bring inflation down to 2% during his speech in Jackson Hole, WY today. He stated that “two percent is and will remain our inflation target.” In order to bring inflation back to target, Powell said that a period of below-trend economic growth will be required. […] The post Powell at Jackson Hole: Fed Committed to 2% Inflation But Agility Required appeared first on Action Forex... Read More

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Powell

Jackson

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Committed

Inflation

Agility

Required

Forex

Posted: Aug 26 2023, 02:58

Author Name: actionforex

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