Will The Fed Raise Rates Again? Powell Remains Fixated On 2% Inflation Target

Will The Fed Raise Rates Again? Powell Remains Fixated On 2% Inflation Target

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The likelihood of another Federal Reserve policy rate hike grew stronger on Friday after Fed Chairman Jerome Powell’s speech at the Jackson Hole Symposium. During the speech, Powell reiterated that the Federal Reserve remains committed to bringing inflation down to 2%, despite some economists…

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