Powell Gets Fed Officials' Support on Faster Rate Hikes

The video discusses the rising US inflation and the Federal Reserve's response. San Francisco Fed President Mary Daly and Saint Louis Fed President Jim Bullard express the need for faster rate hikes. Enda Curran provides insights into the support for Jerome Powell's proposed 50 basis point hike. The Fed's hawkish rhetoric is causing market repricing, with expectations of more significant moves to contain inflation.

What is the stance of San Francisco Fed President Mary Daly regarding interest rates?

• Rates should remain unchanged.

• Rates should be reduced.

• Rates should be adjusted to neutral.

• Rates should be increased significantly.

What does Saint Louis Fed President Jim Bullard believe about the pace of rate hikes?

• The pace should remain constant.

• Slower is better.

• The pace should be reduced.

• Faster is better.

What is the general sentiment among Fed officials regarding Powell's proposed rate hike?

• There is unanimous support.

• There is no clear consensus.

• There is reasonable support.

• There is significant opposition.

What is the expected impact of the Fed's actions on the market?

• Increased stability.

• Decreased volatility.

• Increased volatility.

• No impact.

What shift in commentary has occurred over the past week regarding rate hikes?

• From 50 basis points to 75 basis points.

• From 75 basis points to 50 basis points.

• From 25 basis points to 50 basis points.

• From 50 basis points to 25 basis points.