The Fed isn't done fighting inflation — but it'll ensure its next big decision won't bring 'unnecessary harm' to consumers

• Federal Reserve Chair Jerome Powell delivered his economic outlook remarks at Jackson Hole on Friday.
• He did not specify what the bank's next move will be and committed to reaching the 2% inflation target.
• But he said the Fed will "proceed carefully" in determining whether to continue raising rates.

Federal Reserve Chair Jerome Powell delivered his highly-anticipated speech on the central bank's outlook in Jackson Hole, Wyoming — and he signaled relief could soon be coming for consumers.