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Fed Remains Married to its 2% Inflation Target 8/25/23

CNBC's "Last Call"

00:00

Introduction

A discussion on Fed Chair Jay Powell's recent speech at the Jackson Hole Conference, where he emphasized the Fed's readiness to raise rates further and maintain a restrictive policy until sustainable inflation is achieved, with a positive stock market response. Also mentioning Chicago Fed President Austin Goolsbee's similar views.

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