The Federal Reserve will use its tools “forcefully” to attack the 40-year-high level of inflation by continuing to tighten monetary policy “for some time,” Federal Reserve Chairman Jerome Powell said at a central banking conference on Aug. 26, at which he struck a hawkish tone that sent stocks tumbling.
NTD spoke with Lance Roberts about the Federal Reserve’s stance and where inflation is going. Roberts is the chief investment strategist for RIA Advisors.