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Powell’s comments on a panel with Lagarde
Adam’s Button
Thursday 04/21/2022 | 5:16 p.m. GMT-0
04/21/2022 | 5:16 p.m. GMT-0
- 50 bps will be on the Powell for the May meeting
- I don’t want to bless the market prices, but they act appropriately for our communications
- At the recent meeting, many committee members felt that one or more 50 basis point hikes were appropriate
- We need price stability to have a strong labor market
- It is essential to restore price stability
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