Fed Is Prepared To Tighten Policy Further If Appropriate

I don’t think their job is done, I think they have to be very watchful, notes William Isaac, Former Chairman of the FDIC and Chairman of Secura/Isaac Group. He discusses the takeaways from the FOMC meeting and Powell’s speech. Powell noted that the full effects of tightening are likely not yet felt, and the labor market remains tight, but it is coming into better balance. Powell also highlighted that the Fed is prepared to tighten policy further if appropriate. Tune in to find out more about the stock market today.