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

<p>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 […]</p>
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