U.S. Inflation Seen Rising But Still Below Target After Speech by Fed’s Powell

Reuters, Aug. 27, 2020–Kate Duguid
Investors raised their bets on higher U.S. inflation after Federal Reserve Chair Jerome Powell introduced a new strategy to allow the rate to rise above the 2% target, but market players still saw inflation remaining stubbornly below that level.
https://www.reuters.com/article/us-usa-fed-jacksonhole-markets/u-s-inflation-seen-rising-but-still-below-target-after-speech-by-feds-powell-idUSKBN25N0HK