Powell once again shows hawkish attitude! Today's interest rate meeting raised interest rates by 25 basis points as scheduled. Powell still maintained a tough stance at the press conference and gave no sign that interest rates had peaked. He also reiterated his "higher, longer" stance and warned the market not to be too optimistic, otherwise it will force the Fed to tighten even more.
In addition, Powell also made clear the impact that the Black Sea war situation may have on the policies of the United States and the Federal Reserve. What do you think about this? Welcome to chat in the comment area! 😉