Powell says Fed is monitoring energy price spikes, but that it’s limited in what it can do

CAMBRIDGE, Mass. (AP) — Federal Reserve Chair Jerome Powell said Monday that it is important to closely monitor inflation amid a spike in energy prices from the Iran war. Powell, who spoke before nearly 400 students at Harvard University as gas prices inched toward an average of 4 per gallon in the U.S., said there [] The post Powell says Fed is monitoring energy price spikes, but that it’s limited in what it can do appeared first on Loonie Politics.