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

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

reassuring house representative roger williams raised a similarly terrifying question which began with the fact that the federal reserve has never managed to raise interest rates without crashing asset markets and ended with the request for an explanation as to how jerome and co will be able to secure a soft landing jerome nervously stated that they're going to move very carefully and they're going to choose their words wisely because they know that even just saying they're going to raise interest rates is enough to cause a market dip jerome also specified that there will be fewer than eight rate hikes which means that interest rates are unlikely to rise past two percent and the federal reserve's historical interest rates suggest they won't raise further than 1.5 percent before something breaks house representative richie torres took the discussion to another level when he asked your own point blank about whether stable coins like usdt and usdc could be used to help the dollar compete against other national currencies to which jerome said yes so long as they're well regulated this is something other politicians have raised in previous hearings related to cryptocurrency and why i personally believe

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