Powell Reasserts “Tighter for Longer”

What this episode covers

In today’s session at the Economic Club of Washington, chairman Jay Powell said the ‘disinflationary process’ had begun, but the Fed will likely need to continue raising interest rates to bring inflation down further. Powell’s comments sent risk assets swinging this afternoon, but overall markets remain relatively flat. Dale Pinkert, head of trader development at TradeGateHub, joins Maggie Lake to dissect the price action and discuss what’s happening in currencies and commodities.Plus, we’ll hear a clip from investor Harris Kupperman on why he thinks failing is all part of the game. Watch that entire interview here: https://rvtv.io/3I5e4EB Learn more about your ad choices. Visit podcastchoices.com/adchoices

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How long is this episode of Real Vision: Finance & Investing?

This episode is 34 minutes long.

When was this Real Vision: Finance & Investing episode published?

This episode was published on February 7, 2023.

What is this episode about?

In today’s session at the Economic Club of Washington, chairman Jay Powell said the ‘disinflationary process’ had begun, but the Fed will likely need to continue raising interest rates to bring inflation down further. Powell’s comments sent risk...

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