U.S. Fed chair warns rate rises to continue “for some time”

The US Federal Reserve chairman has warned tight monetary policy will
be needed until inflation is brought under control.

Jerome Powell's annual policy speech at Jackson Hole, Wyoming, caused
the Dow to drop more than 400 points, as investors prepared for more
interest rate rises.

US correspondent Nick Harper reports.

IN: "The head..."
OUT: SOC
DURATION: 44 seconds

http://www.fsnradionews.com/feeds/0826powell-nh.mp3