Fed Chair says more hardship to come in economic conference speechPlay
Bringing down inflation will require some economic pain according to Federal Reserve Chair Jerome Powell. Friday morning at the annual Jackson Hole Economic Policy Symposium in Wyoming, Powell was bullish in his speech and did not shy away from the potentially painful impact on many Americans.
He signaled more measures to curb inflation were in the offing. NPR's Chief Economics Correspondent Scott Horsley joins Here & Now's Celeste Headlee for the latest.
This segment aired on August 26, 2022.