Powell: “Tension” Between Jobs, Inflation is the Chief Challenge Facing Fed

Reuters, Sept. 29, 2021–Howard Schneider
Resolving “tension” between high inflation and still-elevated unemployment is the most urgent issue facing the Federal Reserve right now, Fed Chair Jerome Powell said Wednesday, acknowledging the central bank’s two goals are in potential conflict.
https://www.reuters.com/business/feds-powell-frustrating-that-supply-chain-kinks-arent-getting-better-2021-09-29/