Redefining Monetary Policy: How Jerome Powell is Tackling Inflation in a New Era

powell inflation 2024

Federal Reserve’s Dual Strategy Under the leadership of Jerome Powell, the Federal Reserve has implemented a distinctive two-fold approach to address inflation, diverging from conventional monetary policies. The first element of this strategy is actively curbing economic demand, primarily through raising interest rates and tightening monetary policy. These actions make borrowing more costly for consumers…

Read More