Powell Says Fed Could Start Scaling Back Stimulus This Year
Wall Street Journal, Aug. 27, 2021–Nick Timiraos (subscription)
Federal Reserve Chairman Jerome Powell reaffirmed the central bank’s emerging plan to begin reversing its easy-money policies later this year while explaining in greater detail why he expects a recent surge in inflation to fade over time.
https://www.wsj.com/articles/powell-says-fed-could-start-scaling-back-stimulus-this-year-11630072789?mod=hp_lead_pos1