Powell signaled that the Fed is willing to risk a recession in order to tame inflation.

WASHINGTON, DC - MARCH 03: U.S. Federal Reserve Chair Jerome Powell testifies before a Senate Banking, Housing, and Urban Affairs Committee hearing on the Fed's "Semiannual Monetary Policy Report to the Congress," on Capitol Hill on March 3, 2022 in Washington, DC. (Photo by Jonathan Ernst-Pool/Getty Images)
https://www.breitbart.com/economy/2022/06/22/fed-chair-jerome-powell-admits-that-higher-rates-might-trigger-a-recession/

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