The Fed’s Powell Is Getting More Hawkish as Market Starts Using the ‘R-Word’

Mar 25, 2022

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Introduction

00:00 • 5min

The Goats Platform for All Things Crypto

05:15 • 2min

Stocks and Bonds in a Drawdown for the First Time Since 2000

07:25 • 5min

Are We Going After These Supply Chain Issues?

12:35 • 4min

his episode is sponsored by Nexo.io, Arculus and FTX US.

On today’s episode, NLW takes a tour of recent macro sentiment, focusing on the shifting tone coming out of the U.S. Federal Reserve. In speeches and interviews this week, Fed Chair Jerome Powell made it clear the central bank was prepared to raise rates 50 basis points at its next meeting if needed, and to do so at multiple meetings this year. While 50bps in the context of 7.9% inflation may not seem like a lot, the last time the Fed raised rates 0.5% in a single meeting was March 2000.

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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: Samuel Corum/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.