Powell Gets Fed Officials' Support on Faster Rate Hikes

The video discusses the rising US inflation and the Federal Reserve's response. San Francisco Fed President Mary Daly and Saint Louis Fed President Jim Bullard express the need for faster rate hikes. Enda Curran provides insights into the support for Jerome Powell's proposed 50 basis point hike. The Fed's hawkish rhetoric is causing market repricing, with expectations of more significant moves to contain inflation.

What has changed in the Fed's approach to rate hikes recently?

What implications does the Fed's expected actions have on market volatility?