History…History…2001 and 2008…just follow history. What borrowing rates are high, companies are given term loans (not fixed), many Mom&Pop, small, medium and big debt ridden companies file bankruptcies.
J.P is going to maintain high rates for the whole 2023 and starts reducing in 2024 after seeing inflation comes down.
This is another major recession, after which we grow nicely for a decade.
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He talks about risk management 
I see you doubt his capabilities.
All I know is that he may not tell everything, but whatever breaks now, he has to fix it later! Job Secured!
Here you go, oil crisis and why WB buying OXY madly !
I see JPow talk is consistent with…
Dec 0.5%
Jan 0.25%
Feb 0.25%
Pause till end 2023/early 2024
Start reducing rates
That is, no change in Fed’s plan.
Jim Cramer (opposite is true) confirms FED is going to stop raising rates now.
FED will do 0.5% Dec and then one or two 0.25% next meetings, then pause for 2 to 3 quarters to see the effect.
Firstly, he should be laid off from mad money show for giving wrong prediction consistently
Consistently correct = 1/ consistently wrong
Should keep.
Fire those who are inconsistent 
0.5% as expected. However, Fed indicates a terminal rate of 5-5.25% which is 0.25% higher than market expectation.
Next FOMC meeting is Jan 31/ Feb 1.
Wow, it’s almost as-if they have no idea what’s going on and never look at data. Even they admit it takes months for rate hikes to impact the economy. Inflation is already decreasing, and the economy hasn’t fully absorbed all the existing hikes.
Each next two meeting, FOMC will be increasing rate at 0.5% instead of expected 0.25%.
FED said there is no rate reduction in 2023 at all!
They are contributing far more to inflation in Europe than the US. Just look at our oil prices.
No doubt, but our FED will account European impact on USA economy only, but never care if Euro is going deep recession.
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Inflation is slowing down for the first time in Europe.
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I have not watched the boring speech.
