The Fed's Dance with Inflation: A Delicate Balance of Power The Federal Reserve, under new chair Kevin Warsh, is walking a tightrope on inflation.
Its primary goal is to keep prices stable, but the path ahead is treacherous due to the lingering effects of the pandemic.
Warsh's recent speech at Jackson Hole, Wyoming, was eagerly anticipated by market observers, who were relieved that he acknowledged the risks of rising inflation.