In his Jackson Hole speech, US Federal Reserve Chair Jerome Powell gave feeble hints that “policy adjustments” may occur in the coming months but warned that risks of higher inflation remain.
In his eighth and final speech as Fed Chair at the annual huddle, Powell highlighted the risks emanating from US tariffs and tighter immigration policies, which have raised the risk of inflation and a slowdown in labour force growth.
Let’s take a look at the Fed Chair’s remarks on inflation, rates, and the US economy.
Jerome Powell Jackson Hole Speech: Key takeaways
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