Federal Reserve Chairman Jerome Powell took a firm position in his keynote speech at the Kansas City Federal Reserve Bank’s annual retreat in Jackson Hole, Wyoming, with his opening message previewing the rest of his address: “It is the Fed’s job to bring inflation down to our 2 percent target, and we will do so.”
The Fed Signals It Isn't Done Yet
At Jackson Hole, Fed Chairman Powell Notes Effort To Tame Inflation 'Still Has a Long Way To Go'
CoStar Analytics
August 25, 2023 | 7:51 P.M.
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IN THIS ARTICLE
- Contacts
- Jerome Powell
Chair of the Board of Governors, Federal Reserve