Fed Chairman Jerome Powell:
•This year's inflation data was higher than we expected.
•Reducing policy too early or too late will also have its own risks.
•Inflation is still very high and the way to reduce inflation is not clear.
Fed Chairman Jerome Powell:
•This year's inflation data was higher than we expected.
•Reducing policy too early or too late will also have its own risks.
•Inflation is still very high and the way to reduce inflation is not clear.