A cyclist rides past the Federal Reserve building in Washington on June 20. Fed chair Jerome Powell told Congress last week that the Fed would wait for “actual evidence of actual inflation” before increasing rates – a monetary policy equivalent of leaving the door to a stable of expensive racehorses wide open. Photo: Bloomberg
A cyclist rides past the Federal Reserve building in Washington on June 20. Fed chair Jerome Powell told Congress last week that the Fed would wait for “actual evidence of actual inflation” before increasing rates – a monetary policy equivalent of leaving the door to a stable of expensive racehorses wide open. Photo: Bloomberg