. He stated that the Fed is committed to continuing to use all of its available tools to achieve its desired inflation target. This includes continuing to implement its current monetary policy, which includes setting interest rates, buying and selling government and private bonds, and other measures. In addition, the Fed has also suggested that fiscal policy, such as targeted government spending, can also help support economic growth and potentially drive inflation lower.
Jerome Powell says inflation is still too high and lower economic growth is likely needed to bring it down
