CNBC Television published this video item, entitled “LIVE: Chair Powell speaks after Fed lifts inflation expectations, sees rate hikes in 2023 — 6/16/21” – below is their description.
Federal Reserve Chairman Jerome Powell holds a press conference after the central bank wraps up its two-day policy meeting on Wednesday. The Federal Reserve raised its inflation expectations and moved up the time frame on when it will hike interest rates next. The policymaking Federal Open Market Committee indicated that rate hikes could come as soon as 2023, after signaling in March that it saw no increases until at least 2024.
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WATCH LIVE: Fed Chairman Jerome Powell holds press conference after rate decision — 6/16/21CNBC Television YouTube Channel
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