Federal Reserve Pause Would Have Been Appropriate: Former Vice Chair

From youtube.com/markets

Former Federal Reserve Vice Chair Alan Blinder discusses the central bank's decision to raise interest rates at a ninth straight meeting. The Federal Open Market Committee indicated there may be more hikes to come in a clear sign it's confident that its bid to quell inflation won't deepen a nascent banking crisis. Blinder, who was a member of President Bill Clinton's original Council of Economic Advisers and now a professor at Princeton University, speaks on "Bloomberg Daybreak: Australia."