Fed Chair Jerome Powell Warns That Fight Against Inflation May Be Painful

History suggests that signs of a peak in inflation can create a good backdrop for equities. Inflation eased in July with lowered energy prices; however, Federal Reserve Chairman Jerome Powell said on Friday that the Fed must continue raising interest rates and hold them at a higher level until it is confident that inflation is [...] The post Fed Chair Jerome Powell Warns That Fight Against Inflation May Be Painful appeared first on ETF Trends .