Powell: Fed to Keep Pushing Until Inflation Comes Down

The speaker addresses the current high inflation, emphasizing the need to focus on reducing it to 2%. They highlight the tools and resolve available to achieve this goal and stress the importance of not doubting their commitment. The speaker notes the progress made in tightening financial conditions and reiterates the need for inflation to decrease in a clear and convincing manner.

What is the speaker's stance on the resolve to reduce inflation?

What does the speaker expect to see in terms of inflation trends?