Fed Chair Jerome Powell warns the fight against inflation is far from over

Fed Chair Jerome Powell warns the fight against inflation is far from over

Federal Reserve Chair Jerome Powell said interest rates could stay elevated for an extended period to bring inflation to the central bank’s 2% target.

(Image credit: Kevin Dietsch/Getty Images)

​Federal Reserve Chair Jerome Powell said interest rates could stay elevated for an extended period to bring inflation to the central bank’s 2% target.