Expect Jerome Powell to sound more hawkish than he actually is: Chief economist
Joe Brusuelas, chief economist at RSM U.S., joins BNN Bloomberg to look ahead to what could be the eight consecutive interest rate hike in this cycle. Brusuelas says he expects Federal Reserve Chair Jerome Powell to beat back expectations of an immediate pause or a pivot after the announcement because, he says, the markets are misaligned with where the Fed is going and many market players underestimate the Fed's resolve to raise the policy rate into restrictive terrain.