Fed's Powell at Jackson Hole
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Federal Reserve Chair Jerome Powell on Friday said the central bank faces a "challenging situation" as a hiring slowdown coincides with tariff-driven price increases, putting pressure on both sides of the Fed's dual mission to maximize employment and control inflation.
Federal Reserve Board Chairman Jerome Powell gives a speech on the “Economic Outlook and Framework Review" amid scrutiny from the White House over not lowering borrowing rates.
Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months.