
Fed Chair Jerome Powell holds news conference after rate decision — 1/26/22
Federal Reserve Chairman Jerome Powell holds a news conference following a meeting of the Federal Open Market Committee.
The Fed is set to conclude its two-day policy meeting Wednesday and make an announcement in the afternoon. The central bank is not expected to announce any policy changes on Wednesday. However, it is anticipated that the Fed will signal that it will be ready to raise interest rates as soon as March, and that it will consider other tightening measures. Market participants will also look for hints on further steps the Fed will take to unwind pandemic-era aid.
Recent market volatility is unlikely to deter the Fed from implementing as much as four or more interest rate hikes this year, market strategists say.
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Fed Chair Jerome Powell holds news conference after rate decision — 1/26/22
[ i thought that the fed takes care of the money supply and the rate that they rent money to the banks period . so he is distracting us on everything else ! in a nut shell we are in trouble . one third of the or money is roaming around the rest of the world and not in our country . id ask him what does he think will happen when this comes home ? people we are in trouble ..one more question ask him what did the stimulus money have on inflation ?
Is it me for this man is just full of it. “Supply will get better but not sure when or how.. “ like did they tease the fact of increasing interest rates and not do it so big money can hedge its way out of the declining markets?? We’re going into a recession and all these corrupt politicians know it.