Fed Chair Jerome Powell says ‘some pain’ is on the horizon. Here’s what that means
Minneapolis CNN Business — In a blunt speech last Friday, Federal Reserve Chairman Jerome Powell warned that the central bank’s battle against inflation won’t come without some casualties. The Fed is firmly resolved to bring down inflation and to “keep at it until the job is done,” Powell said. But that plan — which involves …
Fed Chair Jerome Powell says ‘some pain’ is on the horizon. Here’s what that means Read More »