Home / Breaking News / FOMC Chairman Powell Says Fed Will Target Average Inflation as New Strategy

FOMC Chairman Powell Says Fed Will Target Average Inflation as New Strategy

Jerome Powell, Chairman of the Federal Reserve System, said that the Fed in its new strategy will target average inflation in his prepared remarks at the virtual Jackson Hole Economic Policy Symposium.


Check Also

ExxonMobil

Oil Giants ExxonMobil and Chevron Face Profit Plunge as Crude Prices Tank

Energy titans ExxonMobil and Chevron reported significant profit declines for the second quarter, driven by …