The case for gold
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Fed Chair Powell lays out plan for higher inflation in Jackson Hole speech
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The Fed, says Powell, will seek to achieve an inflation rate that "averages" 2% over time. Maximum employment will be a "broad-based and inclusive goal."
Powell: "Many find it counterintuitive that the Fed would want to push up inflation. However, inflation that is persistently too low can pose serious risks to the economy."
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https://seekingalpha.com/news/3608948-fe...ole-speech
![Smile Smile](https://www.trading-stocks.de/images/smilies/smi/smile.gif)
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Fed Chair Powell lays out plan for higher inflation in Jackson Hole speech
...
The Fed, says Powell, will seek to achieve an inflation rate that "averages" 2% over time. Maximum employment will be a "broad-based and inclusive goal."
Powell: "Many find it counterintuitive that the Fed would want to push up inflation. However, inflation that is persistently too low can pose serious risks to the economy."
...
...
https://seekingalpha.com/news/3608948-fe...ole-speech