Powell at Jackson Hole: Economy’s Solid Growth Suggests More Interest Rate Hikes Needed To Fight Inflation
‘Two months of good data,’ the Fed chairman says, ‘are only the beginning of what it will take to build confidence that inflation is moving down sustainably toward our goal.’
The Federal Reserve chairman, Jerome Powell, center, at Grand Teton National Park in Moran, Wyoming on August 26, 2022. AP/Amber Baesler, file
