AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
What Do You Think About the Fed Rates?
According to Fed officials more interest rate hikes are expected as a central bank aims to cool inflation New York Fed President John William stated that moving a half a point I'm sorry five points to five and a quarter seems a very reasonable view of what we'll need to do this year. Jerome Powell added that if we continue to get for example strong labor market reports or higher Higher inflation reports, It may well be the case. We have to do more. Anyways Tom, what are your thoughts when here story like this based on what Powell is saying?