WASHINGTON—The higher prices and hiring difficulties seen as the U.S. economy reopens from the pandemic could prove “more enduring than anticipated,” and the Federal Reserve would move against unchecked inflation if needed, Fed Chair Jerome Powell said in remarks prepared for delivery to the Senate Banking Committee on Tuesday. “The process of reopening the economy…
Fed’s Powell: Reopening Economic Bottlenecks Could Be ‘More Enduring’
September 28, 2021
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Business & EconomyEconomic BottlenecksEconomieseconomyFederal Reservejerome powellMarket WatchMarketsreopeningUS
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