Closing Bell: Powell presser pumps up market, Gary Cohn reacts, Big earnings movers 2/1/23
Closing Bell
00:00
The Fed Chair's Remarks on the Fed Tightening
I think the economy is going to worsen to some extent. I'm not worried about a horrible outcome here, but I do see some softness around the edges here. The full effects of the first increase are probably starting to hit into us,. But the effects of the last, you know, five or six are not really hitting us. They're still working their way through the system.
Play episode from 14:14
Transcript
