Federal Reserve Chair Jerome Powell warns fighting inflation could bring economic “pain”

FAN Editor

Federal Reserve Chair Jerome Powell warns fighting inflation could bring economic “pain” – CBS News

Watch CBS News


Federal Reserve Chair Jerome Powell signaled the Fed will likely continue raising interest rates to combat inflation. Yahoo Finance columnist Rick Newman reacts to Powell’s comments and explains how investors will likely react.

View CBS News In

Be the first to know

Get browser notifications for breaking news, live events, and exclusive reporting.

Free America Network Articles

Leave a Reply

Next Post

Fed’s Bostic says government spending 'somewhat of a headwind' for inflation

Federal Reserve Bank of Atlanta President Raphael Bostic says Fed Chair Jerome Powell’s Jackson Hole speech was to prepare Americans for the possibility of ‘job loss’ and its ‘mild impact’ on the economy. Government spending is “somewhat of a headwind” for getting high inflation back in check, Atlanta Federal Reserve […]