Video: Federal Reserve Chair Jerome Powell is speaking at the annual Jackson Hole Economic Symposium in Wyoming

[basquebromance]

The Fed must continue raising rates and hold them at a higher level until it's confident inflation is under control, Powell is saying at the annual central bankers’ symposium near Jackson Hole, Wyoming

 

[basquebromance]

Overall, this speech says to markets: We're not done yet. And it says to critics who think that maybe supply-caused inflation is not the Fed's job: The Fed very much sees it as the Fed's job.

 

[badger2]

Symbolically an excellent choice of locations.