Fed's Powell: Long Way to Go to Get Inflation Down to 2%

Federal Reserve Chair Jerome Powell said policymakers expect interest rates will need to move higher to reduce US growth and contain price pressures, even though they held rates steady at their meeting last week. “Earlier in the process, speed was very important,” Powell said Wednesday in…

#federalreservechair #jeromepowell #subscribe #bloombergoriginals #bloombergquicktake #breakingnewson