Powell Says Fed Will Consider More-Aggressive Interest-Rate Increases to Reduce Inflation

Wall Street Journal, Mar. 21, 2022–Nick Timiraos (subscription)
Federal Reserve Chairman Jerome Powell said the central bank is prepared to raise interest rates in half-percentage-point steps and high enough to deliberately slow the economy if it concludes such steps are warranted to bring inflation down.
https://www.wsj.com/articles/powell-says-fed-will-consider-more-aggressive-interest-rate-increases-to-reduce-inflation-11647880218?mod=hp_lead_pos1