Powell pushes back on 'premature' loosening of monetary policy

Speaking at Jackson Hole

Valeria Martinez
clock • 3 min read

The US Federal Reserve will maintain a restrictive policy stance for some time in order to bring inflation under control, chair Jerome Powell said, even if that results in a period of slower growth and softer labour conditions.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

Trustpilot