| Clip Of Federal Reserve Chair Jerome Powell Remarks on the Economy
Report Video IssueFed Chair Warns of Pain for Businesses and Households As He Seeks to Reduce Inflation
2022-08-26T10:00:09-04:00https://images.c-span.org/Files/df7/20220826100040010_hd.jpgFederal Reserve Chair Jerome Powell says businesses and households will experience more pain in the coming months as the Fed continues its efforts to restore price stability. “Those are the unfortunate costs of reducing inflation. But a failure to restore price stability would mean far greater pain,” Powell says of expected rate hikes and a softening labor market.
Federal Reserve Chair Jerome Powell says businesses and households will experience more pain in the coming months as the Fed continues its… read more
Federal Reserve Chair Jerome Powell says businesses and households will experience more pain in the coming months as the Fed continues its efforts to restore price stability. “Those are the unfortunate costs of reducing inflation. But a failure to restore price stability would mean far greater pain,” Powell says of expected rate hikes and a softening labor market. close
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