Fed’s Jerome Powell Seals Expectations of Half-Point Rate Rise in May

Wall Street Journal, Apr. 21, 2022–Nick Timiraos (subscription)
Federal Reserve Chairman Jerome Powell signaled the central bank was likely to raise interest rates by a half percentage point at its meeting next month and indicated similar rate rises could be warranted after that.
https://www.wsj.com/articles/feds-powell-could-seal-expectations-of-half-point-rate-rise-in-may-11650533444?mod=hp_lead_pos1