Feb.27 -- Federal Reserve Chairman Jerome Powell said the Fed is looking for a way to more credibly achieve the existing 2 percent inflation target, rather than looking at a higher target. Powell spoke before the House Financial Services Committee in response to a question from Representative Bill Huizenga, a Republican from Michigan.
Powell Says Fed Is Not Looking at a Higher Inflation Target
Feb.27 -- Federal Reserve Chairman Jerome Powell said the Fed is looking for a way to more credibly achieve the existing 2 percent inflation target, rather than looking at a higher target. Powell spoke before the House Financial Services Committee in response to a question from Representative Bill Huizenga, a Republican from Michigan.
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