Powell Says He Backs Quarter-Point Rate Hike in March

The transcript discusses the global response to the Ukraine war, highlighting economic uncertainties and the impact on energy prices and inflation. It outlines the Federal Reserve's plan to propose a 25 basis point rate hike and the need for careful economic stability measures. The discussion also covers inflation expectations and the potential for more aggressive rate adjustments if inflation remains high.

How does the speaker plan to approach the uncertainty caused by the Ukraine war?

What factors could lead to a more aggressive increase in the federal funds rate?