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Powell: Fed’s inflation fight could bring ‘pain,’ job losses

Federal Reserve Chair Jerome Powell, left, chats with Federal Reserve Vice Chair Lael Brainard, center, and Federal Reserve Bank of New York president and CEO John Williams, right, at the central bank's annual symposium in Grand Teton National Park Friday, Aug. 26, 2022. in Moran, Wyo. (AP Photo/Amber Baesler) Federal Reserve Chair Jerome Powell, center, shakes hands with Asgeir Jonsson, governor of the Central Bank of Iceland at the annual Jackson Hole Economic Policy symposium at Jackson Lake Lodge in Grand Teton National Park Friday, Aug. 26, 2022. in Moran, Wyo. (AP Photo/Amber Baesler) Federal Reserve Chair Jerome Powell, right, takes a break with Federal Reserve Vice Chair Lael Brainard, center, and Federal Reserve Bank of New York president and CEO John Williams, left, at the central bank's annual symposium in Grand Teton National Park Friday, Aug. 26, 2022. in Moran, Wyo. (AP Photo/Amber Baesler) Federal Reserve Chair Jerome Powell, center, takes a coffee break with attendees of the central bank's annual symposium at Jackson Lake Lodge in Grand Teton National Park Friday, Aug. 26, 2022. in Moran, Wyo. (AP Photo/Amber Baesler) Federal Reserve Chair Jerome Powell, right, walks with with Federal Reserve Vice Chair Lael Brainard, center, and Federal Reserve Bank of New York president and CEO John Williams, left, at the central bank's annual symposium in Grand Teton National Park Friday, Aug. 26, 2022. in Moran, Wyo. (AP Photo/Amber Baesler) Federal Reserve Chair Jerome Powell smiles and walks after his speech at the central bank's annual symposium at Jackson Lake Lodge in Grand Teton National Park Friday, Aug. 26, 2022. in Moran, Wyo. (AP Photo/Amber Baesler) Federal Reserve Chair Jerome Powell, center, takes a coffee break with attendees of the central bank's annual symposium at Jackson Lake Lodge in Grand Teton National Park Friday, Aug. 26, 2022. in Moran, Wyo. (AP Photo/Amber Baesler) Federal Reserve Chair Jerome Powell smiles and walks after his speech at the central bank's annual symposium at Jackson Lake Lodge in Grand Teton National Park Friday, Aug. 26, 2022. in Moran, Wyo. (AP Photo/Amber Baesler)