US Federal Reserve Chairman Jerome Powell speaks at a news conference on interest rates, the economy and monetary policy actions on June 15, 2022.
Olivier Douliery- | Afp | Getty Images
So, “if you wait until inflation gets down to 2%, you’ve probably waited too long,” he said Monday.
His comments, combined with the expectation that the failed attempt to kill the Republican presidential candidate Donald Trump will lead to big gains for the party and friendlier fiscal policies of the Trump administration, sent Wall Street more Friday.
