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Chairman Powell speaks after Fed hikes interest rates by 0.75 percentage point — 7/27/2022

CNBC Television by CNBC Television
August 19, 2022
in Business
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Chairman Powell speaks after Fed hikes interest rates by 0.75 percentage point — 7/27/2022
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The Federal Reserve on Wednesday enacted its second consecutive 0.75 percentage point interest rate increase as it seeks to tamp down runaway inflation without creating a recession.

In taking the benchmark overnight borrowing rate up to a range of 2.25%-2.5%, the moves in June and July represent the most stringent consecutive moves since the Fed began using the overnight funds rate as the principal tool of monetary policy in the early 1990s. Fed Chairman Jerome Powell briefs the media at 2:30 p.m. ET.

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Chairman Powell speaks after Fed hikes interest rates by 0.75 percentage point — 7/27/2022

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Comments 26

  1. miguel aguilar says:
    3 years ago

    Keep on making decisions without my consent or authority and you will find yourself in the same route you are in

  2. miguel aguilar says:
    3 years ago

    I'm telling you its the rise of the chosen you are going against your failures are exposing you to the people as the enemy

  3. miguel aguilar says:
    3 years ago

    There is no trust anymore ,when I gave you the chance you refused to take it and there for I don't need your services I need trust worthy individuals and unless you repent and seek forgiveness from above and bow to your king then will Ill accept your apology and make head of my security

  4. miguel aguilar says:
    3 years ago

    Everyone knows it's you who is putting lifes at risk due to your ego and if you don't bow you will be held accountable for your part of the crises

  5. miguel aguilar says:
    3 years ago

    It won't go down until I'm in my thorne and you realize that God is almighty and has the power to take everyone out if you keep it up

  6. kohrussey sieng says:
    3 years ago

    F..*…K
    YOU FED Chairman Powell. You makes our young generation unable to buy our first home. STEP DOWN YMF.

  7. Wizdomman says:
    3 years ago

    18:00

  8. Gary Truesdale says:
    3 years ago

    excuse me, Chairman Powell, is there a stain on that Flag over your left shoulder?

  9. Michał Kuzyk says:
    3 years ago

    S.p.q.r

  10. Larry Solomon says:
    3 years ago

    people never know how to avoid making mistake while trading, you need to get full understanding and knowledge it is not something you just gamble, Mrs Stacy.consistent and constructive. I am getting thel best from it.

  11. Missouri Valley Arms says:
    3 years ago

    The labor force participation rate is still very low. People are not returning to work because they have no motivation to when the government pays them not to work.

  12. YouBeyou *Ganta says:
    3 years ago

    Worest

  13. Josh Spring says:
    3 years ago

    In my opinion, venturing into a good investment, is not just a strategy for generating passive income but a profitable saving method for future expenses. Those who fail to make the right decisions early in life end up regretting.

  14. Karin Quayle says:
    3 years ago

    Building wealth involves developing good Great video. you've remind me of what someone once said "The mind is the man, the poor is in it and the rich is it too". This sentence is the secret of most successful investors. I once attended similar and ever since then been waxing strong financially, and i most tell you the truth..investment is the key that can secure your family future. like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it. "You're not going to remember those expensive shoes you bought ten years ago, but you will remember every single morning when you look at your bank account that extra 0 in there. I promise, that's going to be way more fun to look at everyday", I pray that anyone who reads this will be successful in life

  15. Mark Hartford says:
    3 years ago

    So, in essence, the US Federal Government just gave themselves a HUGE raise and a bonus with regards to the money they will now take in from the American people, even though inflation is the FAULT of the US Federal Government. (Unintended/unintentional? I THINK NOT!) Talk about a money-laundering/blackmailing scheme! How is it that NO ONE is talking about this? It's obvious and can easily be discerned via some simple math and a modicum of common sense! Follow the money; Find the corruption; Get the answers!

  16. stevie6621 says:
    3 years ago

    Fed has done nothing but screw the economy and people since 1913.

  17. peter says:
    3 years ago

    Look at crazy stock market. Your wrong message makes bubble and disaster again.

  18. H says:
    3 years ago

    Inflation was caused by oil prices disrupting supply chains just like 1973 and 1979, except it’s artificial and the strength of the dollar is up worldwide. If the Fed wanted to raise rates, the should’ve tightened the money supply and regulated oil companies

  19. garyseeseverything says:
    3 years ago

    This liar hates us working Americans!

  20. Land Sea says:
    3 years ago

    So is Jerome Powell still saying inflation is transitory ?
    This clown kept the US Fed rate too low , way too long , creating a massive housing price bubble .
    Then the Biden administration handed out way too much helicopter money – creating a massive demand issue
    which was paid for by the US Fed printing money … look at the M2 money supply .
    Is the media still telling Americans fairy tales about supply chains ?
    US imports are a record highs – how can it be a supply issue – it was a demand issue caused by helicopter money .

    Now working Americans – you know those people who actually work for a living – are seeing their incomes , savings and pensions decimated by these clowns .
    .

  21. Michał Kuzyk says:
    3 years ago

    He is not a person who should be in this position.

  22. kristopher johndeo says:
    3 years ago

    schönes Video, bitte, was ist der beste Weg, um Kryptowährungsinvestitionen zu starten und gute Gewinne zu erzielen. Ich recherchiere schon seit einiger Zeit selbst und weiß immer noch nicht, wo ich anfangen soll…

  23. rahul kumar says:
    3 years ago

    बेटी देगा की गोली मारे trade के मालिक है डर है

  24. Civilized Age Customs says:
    3 years ago

    Can't wait to see the people get sick of this nonsense.

  25. Mona Harper says:
    3 years ago

    I'm currently investing in crypto/stocks & this made me my first million with the help of a licensed US broker,Kathy Johnson She trades for me. I met her at a trade seminar in NY & she agreed to trade for me. I recommend her to investors looking to work with a broker too.

  26. David Easley says:
    3 years ago

    CNBC thanks for posting this. Any chance Powell's FOMC press conferences and the short clips you make are made into a playlist?

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