Federal Reserve Chair Jerome Powell speech at Jackson Hole (08/25/2023)
Reading time: summary 2 minutes; transcript 8:30 minutes Summary: Transcript: I assume I want to welcome you to the 2023 Jackson Hole conference: Structural shifts in the global economy. Chair Powell, the floor is yours. That was brief [Laughter] and I know brief Thank you Betsy and good morning everyone At last year’s Jackson Hole […]
Understanding Inflation
Reading time: 3 minutes Key Points Inflation is a term that we have been hearing a lot lately. But what is it? Inflation is the rate of increase in prices over a given period of time. Sounds plain and simple, so what is the big deal about it? Well, behind those 12 words there is […]