Federal Reserve Chairman Jerome Powell spoke before the Board of Governors of the Federal Reserve on Friday, emphasizing the Fed’s high priority for curbing inflation and restoring stability to the U.S. dollar.
Speaking in his customary address to the Federal Reserve’s Board of Governors, Powell made a point of highlighting the Fed’s commitment to reverting to normal inflation levels, consistent with the Federal Reserve’s increasingly hawkish approach to fighting inflation with quantitative easing and interest rate hikes.
