Closing Bell: Powell presser pumps up market, Gary Cohn reacts, Big earnings movers 2/1/23
Closing Bell
00:00
Steve Lee Smith, Is It Going to Come Down Fast?
Powell didn't seem ill at ease or discomfitted, if you will, with where he is relative to policy and his outlook. He seemed pretty solidly as if he both had his committee and he had his own personal conviction behind the stance that they're taking here. And he did make the point, look, if I'm going to error, I will error on raising rates because that's easier to correct from.
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