Macro & Fed·Bloomberg Markets· 2h ago

Powell Digs In as War Forces a New Path for the Fed

Strategic Analysis // Ian Gross

"Chairman Powell's firm stance means the Fed will likely prioritize fighting inflation, even if it risks slowing economic growth. This signals continued market volatility as investors adjust to higher interest rates and a potentially tougher economic landscape."

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The Big Market Report Take

Well, Powell's certainly got his hands full. Between inflation and now geopolitical tremors, the Fed's path just got a whole lot trickier. He's digging in, but the ground keeps shifting beneath him.

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