Jerome Powell, the Federal Reserve Chairman, warns the market: Efforts to contain the price fire are still ongoing because the economy is “not cooling as expected”. Speech at the symposium Jackson HolePowell faces a crucial period: how much more tightening and how long can the inflation chapter be closed without doing too much damage to the economy? is the dilemma.
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Powell’s Warning: “Inflation Still Too High.” Fed Remains Committed to Cooling Prices but Says “Caution”
