VIDEO: Powell decrees that food/gas/vehicle/housing inflation don’t matter to the Fed. Feel better now? July 28, 2022 8:45 am by IWB CNBC, Released on 7/27/22 We are primarily funded by readers. Please subscribe and donate to support us! Federal Reserve Chair Jerome Powell addresses questions from reporters after the FOMC decided to raise the federal funds rate by 75 basis points. Views: