Name: Fed's Powell: 'Overarching Focus' Is Reducing Inflation
Uploaded: 2022-12-14T21:12:24.000Z
Duration: 51 s
Description: The U.S. Federal Reserve on Wednesday raised interest rates by 50 basis points, or half a percentage point, as it continues to slow the economy and moderate price increases. "Our overarching focus is to use our tools to bring inflation back down," Federal Reserve Chair Jerome Powell said.

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Fed's Powell: 'Overarching Focus' Is Reducing Inflation | CoinDesk Videos

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CD20$1,711.40 BTC$62,672.94 ETH$1,778.32 XRP$1.07 SOL$75.90

Fed's Powell: 'Overarching Focus' Is Reducing Inflation | CoinDesk Videos