00:02:29
Federal Reserve Chairman Powell: Spending more time on Capitol Hill than before.
00:02:10
Federal Reserve Chairman Powell: An independent Federal Reserve has broad bipartisan support.
00:00:41
Federal Reserve Chairman Powell: There are indeed different views within the FOMC, which is healthy.
00:00:20
Fed Chairman Powell: Hearing different viewpoints is very helpful in testing your own views.
00:00:06
Fed Chairman Powell: The interest rate decision is not fully finalized before the policy meeting.
23:53:52
Fed Chairman Powell: Things like this that surprise the market never happen for no reason.
23:53:19
Fed Chairman Powell: A surprise interest rate cut would be "no good".
23:52:57
Federal Reserve Chairman Powell: Letting the public understand what we are doing and why we are doing it can help our policies be more effective.
23:51:18
Fed Chairman Powell: Slowing balance sheet shrinkage has nothing to do with views on the economy.
23:50:47
Federal Reserve Chairman Powell: By slowing down the pace, we are trying to further reduce the balance sheet without causing damage.
23:50:27
Fed Chairman Powell: At some point, we will slow down the pace of balance sheet reduction.
23:49:55
Fed Chairman Powell: Slowing the pace of balance sheet shrinkage is not the main component of monetary policy.
23:49:27
Fed Chairman Powell: Our fiscal path is unsustainable and the sooner we get back on track, the better.
23:49:00
Fed Chairman Powell: We will use our policy tools to achieve our designated goals.
23:47:57
Fed Chairman Powell: If the public believes you can lower inflation, it will be easier to achieve that goal.
23:47:44
Federal Reserve Chairman Powell: Credibility on inflation and focusing on our work are crucial.
23:47:19
Federal Reserve Chairman Powell: If we become politicized, we are no longer the Federal Reserve.
23:46:34
Fed Chairman Powell: There is no reason to think the economy is at or on the verge of recession.
23:44:33
Federal Reserve Chairman Powell: The possibility of an economic recession is not high at the moment.
23:44:04
Fed Chairman Powell: We have an opportunity to lower inflation amid a strong economy.