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Powell signals Fed’s readiness to tighten further amid inflation concerns

Powell signals Fed’s readiness to tighten further amid inflation concerns
Fed Jerome Powell made clear the Central Bank’s stance on the current inflation environment in his opening remarks at the Jackson Hole Symposium. Noting a decline from peak inflation rates, Powell emphasized, “Although inflation has moved down from its peak—a welcome development—it remains too high.” Demonstrating Fed’s commitment to fight inflation, he added, “We are […] The post Powell signals Fed’s readiness to tighten further amid inflation concerns appeared first on Action Forex... Read More
Posted: Aug 25 2023, 15:01
Author Name: actionforex
Views: 111752

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