June 17, 2022 16:09 GMT
MNI PODCAST: FedSpeak - Wide Open Options After 75BP Hike
FED
MNI's Evan Ryser says the Fed lived up to its promise of remaining data dependent -- even if that required a last-minute pivot.
- Ryser notes Powell did not rule out a 100 bp move if inflation worsens from here, but it's also not the chair's base case.
- The Fed is paying keen attention to inflation expectations, and appears more worried about its credibility with the American public than with financial market participants.
- Podcast is available here: https://marketnews.com/podcasts/
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