The Federal Reserve has its sights set on taming inflation as prices continue to rise for American consumers. During a Wall Street Journal conference, Fed Chair Jerome Powell stated that the central bank was not counting out tightening policy past a neutral range for interest rates adding that “no one should doubt our resolve” in controlling rampant inflation. “We will go until we feel we’re at a place where we can say financial conditions are in an appropriate place, we see inflation coming down.
