Fed Chair Powell Speaks On Battling Inflation -- and the Markets React 9/8/22
Carl Quintanilla, David Faber and Mike Santoli discussed the path ahead for interest rates, the markets and what investors should make of comments made by Federal Reserve Chair Jerome Powell during the program. At a virtual conference hosted by the Cato Institute, Powell said the Fed needs to do what's necessary to battle inflation and "keep at it until the job is done." He also weighed in on crypto and the state of the labor markets. Also in focus: The economic message from tech CEOs at the Code Conference.
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