TOPICS AND TIMESTAMPS:

That Was Easy 0:00

Rate Hike 0:29

Taper Balance Sheet 2:58

Let’s Analyze 5:32

Why? 7:45

Very Telling Quotes 10:04

Why? More 12:21

Cathie and Elon 13:11

Federal Reserve Board - Federal Reserve issues FOMC statement

https://www.federalreserve.gov/newsevents/pressreleases/monetary20220504a.htm

Federal Reserve Board - Plans for Reducing the Size of the Federal Reserve's Balance Sheet

https://www.federalreserve.gov/newsevents/pressreleases/monetary20220504b.htm

Powell Tells Americans Fed Will Fight Inflation - Bloomberg

https://www.bloomberg.com/news/articles/2022-05-04/powell-vows-to-curb-inflation-with-hikes-that-risk-economic-pain?srnd=premium-canada

(3) Neil Irwin on Twitter: "I'm surprised stocks are up so much in response to Powell taking 75bps off the table. Seemed to me that he basically affirmed the baseline of most mainstream Fed watchers (50 bps each the next couple of meetings) rather than sending some dovish signal." / Twitter

https://twitter.com/Neil_Irwin/status/1521945695745462272

2022-05-04_10-13-57.jpg (897×493)

https://cms.zerohedge.com/s3/files/inline-images/2022-05-04_10-13-57.jpg?itok=Oci8OtVm

RBI repo rate: India central bank hikes interest rates after two years - BBC News

https://www.bbc.com/news/world-asia-india-61317082#:~:text=The%20Reserve%20Bank%20of%20India,online%20media%20briefing%20on%20Wednesday.