DW Business - News August 26, 2022
Ah, fighting inflation at the cost of growth. Fed chief Jerome Powell warns of pain to con in his speech at jackson hole. And Household Energy bills in britain are said to job a by 80 percent as an Energy Price Cap is raised. This is the w business. Im Janelle Delilah on a wild gun in a much awaited speech in front of the annual gathering of central bankers at jackson hole. Federal reserve chair Jerome Powell warned the fight against inflation is likely to bring economic pain. Heres what he had to say. Reducing inflation is likely to require a sustained period of below trend growth. Moreover, ...