View RSS Feed

TheNews

Fed Chair Powell Warns Of 'Some Pain' From Higher Interest Rates

Rate this Entry
by , 08-27-2022 at 07:01 PM (238 Views)
      
   
In highly anticipated remarks at the Jackson Hole economic symposium on Friday, Federal Reserve Chair Jerome Powell acknowledged the central bank's efforts to combat inflation will cause "some pain" but argued a failure to restore price stability would mean "far greater pain."

more...

Submit "Fed Chair Powell Warns Of 'Some Pain' From Higher Interest Rates" to Google Submit "Fed Chair Powell Warns Of 'Some Pain' From Higher Interest Rates" to del.icio.us Submit "Fed Chair Powell Warns Of 'Some Pain' From Higher Interest Rates" to Digg Submit "Fed Chair Powell Warns Of 'Some Pain' From Higher Interest Rates" to reddit

Tags: None Add / Edit Tags
Categories
Uncategorized

Comments