Fed Chair Predicts Rough Ride Ahead for US Economy

The Federal Reserve Chair told members of Congress it could be a "bumpy" ride as they continue to try and get inflation under control. 

Chair Jerome Powell said the Fed's goal was still to get inflation down to 2%. The Fed has raised interest rates multiple times over the past year to try and help cool inflation, and Powell says that may need to happen at a faster rate because inflation is still out of control. 

"If the totality of the data were to indicate that faster tightening is warranted,...