How Fed could decide to ‘shock and awe’ with half-point rate hike

January 28, 2022 7:08 AM

ATLANTA, GEORGIA (BLOOMBERG) – Federal Reserve chair Jerome Powell may consider the first half-point interest-rate increase in more than two decades later this year if he needs a “shock and awe” approach to counter persistently high inflation that risks feeding into Americans’ psychology.

Source : https://www.straitstimes.com/business/economy/how-fed-could-decide-to-shock-and-awe-with-half-point-rate-hike