Is *THIS* The End | What Jerome Powell Just Said (This might be the last rate hike)

For all who missed it yesterday, here you go….  all of the info summed up by Live From Studio 6B – Much more on the Fed below this top clip

The Fed continues on its interest rate path in 2023, deciding to raise rates by another 25 basis points in a strategy Chair Jerome Powell calls to be “sufficiently restrictive to return inflation to 2%.”

Here’s where U.S. workers and consumers can expect to see these impacts: pic.twitter.com/YdXfK5yyba

— Yahoo Finance (@YahooFinance) February 2, 2023

🚨FEDERAL RESERVE PRESS CONF
Q: Reporter — What will the Fed do if the U.S. defaults on debt?
A: J Powell — Mess around and find out pic.twitter.com/x8nlSLbu4O

— Jane Adams (@iLoveJaneAdams) February 2, 2023

Federal Reserve Jerome Powell said yesterday the Fed could not shield the economy from a debt default.

They expanded their balance sheet in the trillions with government debt purchases since 2020

The Fed has paper losses of almost $1.3 trillion in the past 3 quarters.

Irony? pic.twitter.com/jzvA7mrBHt

— Gold Telegraph ⚡ (@GoldTelegraph_) February 2, 2023

And some humor on this one….

ECONOMY: possibly inebriated Fed Chairman Jerome Powell says "Let's be real here. It's all a game and we're the ones making the rules."pic.twitter.com/7Kqfv5yNzq

— CNNFU (parody) (@CNNFU) January 31, 2023

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