#PowellRemarks Federal Reserve Chair Powell
warned of volatile
inflation in the future.
The current situation in the US
economy indicates that the
Federal Reserve may have to face
sudden shocks in the supply
side in the coming years,
the Fed Chair stated at the conference.
According to him, long-term
interest rates are now substantially
higher than in the ten-year
period following the global financial
crisis of 2007-2008.
"Higher real rates
may also reflect the possibility
that inflation in the future may
prove to be more volatile than
in the 2010s," he said.
The Federal Reserve's key interest rate
is currently in the range of 4.25% to 4.5%
