“If we conclude that it is appropriate to move more aggressively by raising the federal funds rate by more than 25 basis points at a meeting or meetings, we will do so,” Mr Powell told the National Association of Business Economists in Washington on Monday .
“If we determine that we need to tighten beyond common measures of neutral and into a more restrictive stance, we will do that as well,” he said.
Because everything is going so smoothly with a raging war and a falling stock market. We needed great old Powell had to spook investors and inflict further losses. The quality of our leadership truly wanting in this era. We ran out of luck. Badly.
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