Fed Chair Powell: 'Some pain' now or 'far greater pain' later 🤕

Bringing down inflation continues to be the top priority 🎈

Fed Chair Jerome Powell speaks from the 2022 Jackson Hole Economic Symposium. (Source: Kansas City Fed / YouTube)

One thing that Fed Chair Jerome Powell has made clear is that the central bank’s efforts to bring down inflation will require some economic “pain.”¹

This pain will likely involve an increase in unemployment as the economy cools.

Powell and other…