CNBC's "Last Call"
CNBC's "Last Call"
CNBC
Fed Remains Married to its 2% Inflation Target 8/25/23
45 minutes Posted Aug 26, 2023 at 12:36 am.
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Fed Chair Jerome Powell reiterated his commitment to raising interest rates until inflation is brought under control — leaving some wondering whether the Central Bank’s 2% target is attainable — or even worthwhile.