Fed Chair Jerome Powell Wants You To Feel the Pain!
5 min readAug 28, 2022
Yes, expect ‘greater pain’, but not much more.
Jerome Powell, the chair of the Federal Reserve Board (FRB), spoke during the annual ‘Jackson Hole Economic Symposium’ on 26 Aug 2022. His speech is much anticipated as it provides clues on whether the Fed intends to keep raising interest rates to curb the rise in inflation. Here are some highlights of his speech:
