Banking Crisis or Inflation!? Pivotal Fed Press Conference!

Mar 29, 2023

Hey Guys,

If you ever find the markets confusing, just remember that this is Jerome Powell’s world, and we’re just living in it. The Fed chairman has been the primary mover of the market from the macro front, and his recent press conference was revealing.

It looks like the Fed allowed the banking crisis to occur. As you’ll see, one of the reporters at the press conference pushed Jerome about why it was Fed officials discussed the banking crisis as their last meeting but did nothing.

Jerome claimed not to remember the details of the meeting, but the actual answer is obvious. The Fed is trying to ensure that it’s monetary policy is felt by the private sector, something that’s been arguing lacking since rate hikes began.

This is a video you don’t want to miss!


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📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.