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

balance between growth and lower inflation is going to be too tough to pull off after reaching the highest cpi inflation since 1981 the fed has decided that they have to bring down inflation at all costs this was confirmed at the fed's most recent meeting back in june where they raised interest rates by 75 basis points this was one of the largest increases in the fed's fund rate since 1994 and it seems as if this is only the beginning that's because many seem to also be expecting a 75 basis point increase in the july meeting as well if we take a look at the fedwatch tool over at the cme there is an 82 probability of another 75 basis point raise at the next meeting there are also a number of fed officials who are potentially in favor of another 75 bips these include the likes of loretta mester of the cleveland fed john williams of the new york fed and mary daley of the san fran fed this hawkish stance is in stark contrast to the tone that was struck by most officials at the beginning of the year the fed chair jerome powell has also been incredibly hawkish of late last week during an event at the european central bank powell said that we should accept a higher recession risk in order to combat

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