‘Tension’ between jobs, inflation the chief challenge facing US central bank: Fed chief

September 30, 2021 8:01 AM

WASHINGTON (REUTERS) – Resolving “tension” between high inflation and still-elevated unemployment is the most urgent issue facing the Federal Reserve right now, its chairman Jerome Powell said on Wednesday (Sept 29), acknowledging the US central bank’s two goals are in potential conflict.

Source : http://www.straitstimes.com/business/economy/tension-between-jobs-inflation-the-chief-challenge-facing-us-central-bank-fed-chief