News

Jerome Powell’s pivotal moment in monetary policy history

The Federal Reserve – America's central bank – has said that its inflation target of 2% will now be a long-term average, rather than a rate to be hit at all times.

.imgHideOnJavaScriptDisabled_j1yyfqknp6tnu5 { display: none !important; }

by: Cris Sholto Heaton

3 Sep 2020

Jerome Powell: the Fed chair unveils a new approach for the central bank

Jerome Powell © Samuel Corum/Getty Images

Free, fast, fair

Continue reading this article and get instant access to even more investment news by registering your details below:

Email address

First Name Last Name

We will use the details you have shared to manage your registration. You agree to the processing, storage, sharing and use of this information for the purpose of managing your registration as described in our Privacy Policy.

Would you like to receive the Money Morning daily briefing newsletter?

We will use the details you have shared to manage your newsletter subscription. You agree to the processing, storage, sharing and use of this information for the purpose of managing your subscription as described in our Privacy Policy.

We will use the information you have shared for carefully considered and specific purposes, where we believe we have a legitimate case to do so, for example to send you communications about similar products and services we offer. You can find out more about our legitimate interest activity in our privacy policy.

If you wish to object to the use of your data in this way, please tick here.

‘We’ includes MoneyWeek and other Dennis Group brands as detailed here

Create a password

Jerome Powell’s pivotal moment in monetary policy history

The Federal Reserve – America's central bank – has said that its inflation target of 2% will now be a long-term average, rather than a rate to be hit at all times.

Free, fast, fair

Reset your password

Recommended

Most Popular

Subscribe to MoneyWeek and get your first six issues FREE

Jerome Powell’s pivotal moment in monetary policy history

The Federal Reserve – America's central bank – has said that its inflation target of 2% will now be a long-term average, rather than a rate to be hit at all times.

Free, fast, fair

Login

Reset your password

Recommended

Most Popular