© 2024 KOSU
Play Live Radio
Next Up:
0:00 0:00
Available On Air Stations

Fed Chair says more hardship to come in economic conference speech

Bringing down inflation will require some economic pain according to Federal Reserve Chair Jerome Powell. Friday morning at the annual Jackson Hole Economic Policy Symposium in Wyoming, Powell was bullish in his speech and did not shy away from the potentially painful impact on many Americans.

He signaled more measures to curb inflation were in the offing. NPR’s Chief Economics Correspondent Scott Horsley joins Here & Now‘s Celeste Headlee for the latest.

This article was originally published on WBUR.org.

Copyright 2022 NPR. To see more, visit https://www.npr.org.

KOSU is nonprofit and independent. We rely on readers like you to support the local, national, and international coverage on this website. Your support makes this news available to everyone.

Give today. A monthly donation of $5 makes a real difference.