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Fed's Jerome Powell opens door to faster rate-hike path to curb #inflation.

#AsianMarkets #JeromePowell
Fed chairman #JeromePowell assured the public that the US banking system remains safe and resilient despite some institutions coming under stress.

Read more 👇
https://bit.ly/3JOKPFE
Recent #banking sector turmoil could result in #banks becoming more strict in extending credit, Federal Reserve Chair #JeromePowell said. In other words, a credit crunch is coming.

Let’s understand in this video what that means and also how it impacts you! 📹
https://youtube.com/watch?v=seNPn9gWkQA