Coin Bureau, relaying another source: Fed policy rate will rise

The window it was checked over

Federal funds target range, upper limit: Federal Reserve Board via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

What was said around it

to crash more and third unemployment needs to go up way up to that End the Fed will continue to raise interest rates though it will start to slow the pace of rate hikes as soon as December this is because the FED is aware that it takes time for its monetary policies to affect the actual economy specifically between one and two years depending on who you ask even so Jerome emphasized that the pace of rate hikes isn't nearly as important as how high the FED will need to actually raise rates and how long it will need to keep them at that level he said that history suggests it will have to keep rates high for a very long time so it will do exactly that this was all somehow perceived as positive by investors because the markets rallied in response anyways after Jerome's speech came the question period And I immediately recognized the moderator that's because it's the same chap who interviewed Michael Barr the fed's vice chair for supervision who coincidentally created the position at the FED that he now holds nothing to see here if you watched our video about Michael's appearance at the Brookings institution you'll know that this moderator David Wessel seems to be super political he made

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.