Jeremy Powell Said Fed Is Looking Forward To Achieving 2% Inflation Rate Goal

jeremy powell said fed is looking forward to achieving 2% inflation rate goal

Federal reserves have the responsibility of maintaining the inflation rate when the economy is booming, and Jeremy Powell is likely going to do it. Recently when asked about the Fed’s decision on the current economic situation Jeremy Powell the chairman of the Fed, said that they are looking forward to maintaining the goal of the inflation rate at two percent. Feds have previously cut the rate of interest when the country’s on the verge of facing another great recession. However, reports are in favor of the economy; everyone is expecting…

Read More