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Fed Affirms Hard‑Line Approach to Taming Inflation

In Jackson Hole, Federal Reserve officials unequivocally emphasised their commitment to bringing inflation under control – even as the U.S. economy slows.

By Tiffany Wilding, North American Economist, and Allison Boxer, Economist, at PIMCO

Market participants listened closely to Federal Reserve officials at the annual symposium in Jackson Hole, Wyoming, for any sign of how committed the central bank remains to fighting inflation amid concerns about the associated costs to growth and employment.

PIMCO-Tiffany Wilding MAIN

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