Powell More Upbeat about Job Market and Inflation, Stopped Short of Hinting about the Timing of Tapering

<p>The closely-awaited Jackson Hole speech by Fed chair Powell reaffirmed that QE tapering would begin later this year. While being more upbeat about the progress of employment and inflation, Powell warned of the downside risks posed by the rapid spread of the delta variant. He also attempted to de-link taper and rate hike, causing instant [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/special-topics/400110-powell-more-upbeat-about-job-market-and-inflation-stopped-short-of-hinting-about-the-timing-of-tapering/">Powell More Upbeat about Job Market and Inflation, Stopped Short of Hinting about the Timing of Tapering</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>