Federal Reserve Chair Jerome Powell warns fighting inflation could bring economic “pain” – 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.
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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 […]