Federal Reserve Chairman Jerome Powell signaled in his Jackson Hole speech Friday that the central bank may begin winding down its emergency bond-buying program this year. Then again, it may not.
During his appearance at the annual conference hosted by the Federal Reserve Bank of Kansas City, Powell gave a speech that offered something for everyone: Inflation is hot but temporary; hiring is strong but could be better; the Delta variant may or may not be an economic problem. He meanwhile avoided answering investors’ biggest…
