-wants to maintain 2% inflation -acknowledges inflation has moved down from peak but remains too high -Prepared to raise rates -reiterates 2% target -Talks about "uncertainties" -Explains what happens when they tighten too little (2-3 sentence) -Explains what happens when they do too much (one Sentence)
I don't think he's cutting rates because inflation ain't at 2% yet. Said they were prepared to raise rates. Talked about uncertainies. And talked quite a lot about what happens if they "tighten too little".
[link] [comments] https://www.reddit.com/r/stocks/comments/1612b61/jackson_hole_takeaways_theyre_probably_not/
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