Fed Sets Stage for Longer Periods of Lower Interest Rates August 27, 2020 IFTTT +3 Jerome H. Powell said the central bank would focus its efforts on maintaining a strong labor market while allowing for periods of higher inflation. NYT NYT > Business NYTimes IFTTT Jerome H. Powell said the central bank would focus its efforts on maintaining a strong labor market while allowing for periods of higher inflation. NYT NYT > Business NYTimes