The Fed raised rates by 75bps as expected but it was Jerome Powell's comments that spooked markets as it signaled that crushing inflation was a priority. With rates expected to peak at 4.6% in 2023, what does this mean for markets and the economy? Vishnu Varathan, Head of Economics & Strategy at Mizuho Bank gives us his insight.

Produced by: Michael Gong

Presented by: Shazana Mokhtar, Wong Shou Ning

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Categories:  markets,  economy,  international

Tags:  market rate,  inflation,  federal reserve,  economy,