Monetary policy starts to bite with a lag, says Fed Chair Powell

Federal Reserve Chairman Jerome Powell takes questions following the Fed's decision to raise rates by a quarter point.

[jacqueslefave]

His statement looked like a hostage video.😂

[chandraalbuquerque]

Yes the 'lag' - the time it will take for Powell to retire, like the lag Greenspan talked about the time when he saw his massive bubble burst in action after retirement. In fact this whole team ... bunch of privileged people with or without economic background get to create disaster for poor and middle classes with no repercussions - thanks to the 'lag'

[monroegoins]

We still have negative interest rates. Inflation will continue. Buy Bitcoin.