#PowellRemarks

🟥 Federal Reserve Chairman Jerome Powell:

• We will continue to work on bringing inflation back to 2% levels.

• Powell: Fiscal policy will be supportive.

• Powell: Interest rates are now within a reasonable range of neutrality.

🟥 Federal Reserve Chairman Jerome Powell:

• Powell: Recent interest rate cuts are supposed to help stabilize the labor market.

⚠️ Inflation risks are leaning towards the upside.

🟥 Federal Reserve Chairman Jerome Powell:

• Powell: Only a few data points on inflation have been published since the October meeting.

• Powell: There is no political path free of risks.