Federal Reserve Expected To Raise Interest Rates To Ease Inflation

The video discusses the Federal Reserve's plan to increase interest rates to manage inflation, which will make borrowing more expensive for consumers. The Fed aims to balance cooling inflation without hindering economic growth. The ongoing war in Ukraine adds uncertainty to the economic outlook, prompting the Fed to proceed cautiously.

What uncertainties are mentioned regarding the war in Ukraine?

What caution did Fed chair Jerome Powell express regarding economic assessments?