The Fed’s June interest rate resolution statement and Powell’s press conference focus

Will the Fed raise rates by a further 50 basis points as previously “promised”, or will it be more aggressive (75 basis points as expected by JP Morgan and others, or 100 basis points more than once as suggested by Bill Ackman)? 2. the Fed’s view of the tightening outlook. 3. The Fed’s view of the U.S. economic situation (including the current state of hyperinflation). 4, the Fed’s view on the war in Ukraine. 5, the Fed’s view on the contagion of the FOMC tightening action (to other major central banks) and the impact (the dollar, U.S. stocks, U.S. bonds, and even global markets). (Wall Street Insight)