Online Public Relations Thoughts

The Federal Reserve is about to send a message on inflation. Is it serious about breaking the back of rising prices or not?  Financial markets, corporations, debt holders are all eager for the word and decision of how much interest rates will rise.  Wall Street is deep into blues and fearful.  Corporations are looking to shed debt as rates rise.  Debt holders are fearful of chapter 11 bankruptcy among hard-hit businesses.  The worries are many and everyone is ready to spring to a place of safety. What the Fed decides will roil the environment no matter if it slows rate increases or advances them.  The first indication of the Fed's message will be the size of the basis point increase.  From there, the business world will focus on the words of Jerome Powell.  How serious is he?  Is there room for maneuver?  Will the pain of rising rates continue?  They will be some of the most important words to be spoken this year.