Fed’s Powell pumped trillions into the economy. Now, he may be the party killer.
Heightened frustration among Americans about soaring prices is fueling congressional pressure on the Fed chief over how the Fed will respond.
www.politico.com
Seriously we shouldn't worry too much about Wall St ... unless you are ready to retire and you're prospects are heavily into equities.
“Is [half a percentage point increase in rates] going to hurt the economy? No, it’s not,” he said. “But it is going be felt on Wall Street, and if Wall Street winds up having a conniption over it, then that’s a policy mistake.”
