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The Breakdown With NLW Episode

Jerome Powell Says ‘More Work to Be Done’ as FOMC Hikes Rates 50 Basis Points

The half-percentage point increase to the federal fund rate follows four consecutive 75 bps hikes at previous meeting...
The Breakdown With NLW Episode
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This episode is sponsored by Nexo.ioCircleKraken and the Galaxy Brains Podcast.

Today’s episode is a deep dive into the Federal Open Market Committee meeting. NLW covers not just the policy updates but the details of Chair Jerome Powell’s speech and the Q&A after. The big message coming from the Federal Reserve is “there’s more work to be done.”

See also: Crypto Markets Analysis: Focus on Bitcoin's Price Charts, Not Hawkishness From Fed's Powell


“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is "Glasgow" by Falls. Image credit: Alex Wong/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

Jerome Powell Says ‘More Work to Be Done’ as FOMC Hikes Rates 50 Basis Points