Noting that inflation has cooled but “remains well above” the Fed’s 2% target, Powell said the Fed still has more work to do.
Source: Powell expects more Fed rate hikes ahead as inflation fight ‘has a long way to go’
Noting that inflation has cooled but “remains well above” the Fed’s 2% target, Powell said the Fed still has more work to do.
Source: Powell expects more Fed rate hikes ahead as inflation fight ‘has a long way to go’