(CNBC) Federal Reserve Chair Jerome Powell emphasized his resolve to get inflation down, saying Tuesday he will back interest rate increases until prices start falling back toward a healthy level. “If that involves moving past broadly understood levels of neutral we won’t hesitate to do that,” the central bank leader told The Wall Street Journal in a livestreamed interview.
Powell says the Fed will not hesitate to keep raising rates until inflation comes down
This entry was posted in Syndicated. Bookmark the permalink.
