Powell Raises Rates Again

Text on the meme

I'M GOING TO KEEP RAISING RATES... ...UNTIL YOU ASSHOLES STOP TRADING MONKEY JPEGs

What it means

Federal Reserve Chair Jerome Powell gestures at a podium in front of American flags while threatening to keep raising interest rates. The joke targets speculative trading of monkey JPEGs, referring to NFT and meme-asset speculation as the supposed reason for harsher monetary policy.

Who

Jerome Powell, Federal Reserve Chair

Objects

older man with gray hair / пожилой мужчина с седыми волосами glasses / очки business suit / деловой костюм purple tie / фиолетовый галстук podium microphone / микрофон на трибуне American flag / американский флаг blue curtain / синяя занавеска gold-trimmed flag / флаг с золотой отделкой raised hand gesture / жест поднятой рукой press conference / пресс-конференция