Fed's Powell, Daly Back 50-Basis Point Rate Hike

Federal Reserve Chair Jerome Powell reiterated that raising interest rates by half percentage-point increments at the next two meetings is likely to be appropriate. And San Francisco Fed President Mary Daly also reinforced expectations for half-point hikes in June and July. Kathleen Hays reports on "Bloomberg Daybreak: Asia."

[sumitomoOO]

Don't joke lady...Aggressive inflation fighting?? FED must immediately raise rates to 1% above the CPI (9.5%) to call it aggressive fighting. Increasing rates by 25bp is laughable

[bossman_deucex]

Great video but I wonder if anyone knows when will the interest rates will increase in June?? 50 basis points or 25 basis points??

[chrischoir]

these clowns are not serious about inflation

[irishcherokee]

Fed better concentrate on saving the U.S. dollar . Our economy is beginning stages of collapse and they can’t stop it .

[ravindertalwar]

GOOD MORNING AND LOTS OF LOVE AND BEST WISHES 💖💖

[millardbrown]

The media keeps saying the smart money is waiting for retail to give up and sell at a lose before they start buying the market back up. What happens if retail just refuses to sell at any price? Do the Wall Street banks and hedge funds keep driving the market all the way to zero to try and get retail to sell?