Powell Plans to Seek Quarter-Percentage Point Rate Increase

Wall Street Journal, Mar. 2, 2022–Nick Timiraos (subscription)
Federal Reserve Chairman Jerome Powell said he would propose a quarter-percentage point rate increase in the central bank’s meeting in two weeks amid high inflation, strong economic demand and a tight labor market.
https://www.wsj.com/articles/powell-says-fed-is-on-track-to-raise-rates-in-two-weeks-11646227811?mod=hp_lead_pos2