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US Federal Reserve chair says rising interest rates will fight inflation

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Newstalk ZB ,
Publish Date
Thu, 1 Sep 2022, 5:14pm

US Federal Reserve chair says rising interest rates will fight inflation

Author
Newstalk ZB ,
Publish Date
Thu, 1 Sep 2022, 5:14pm

Wall Street is tumbling after the U.S's Federal Reserve chair Jerome Powell made some hawkish comments at his annual policy speech.

Powell said fighting inflation is the top priority, and even if some pain is required the Fed will keep rising interest rates.

With us now is Sam Dickie from Fisher Funds on the aftermath it seemed to have caused.

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