Fed Chairman Powell: The Fed strives to reach consensus and ideally achieve unanimity.

Fed Chairman Powell: It is very important for inflation to continue to decline.

The U.S. dollar index DXY continues to fall, falling 20 points in the short term and now trading at 103.4.

Fed Chairman Powell: We need to take time to assess whether the recent pickup in inflation represents more difficulties ahead.

Fed Chairman Powell: It is normal to see a slight increase in inflation in the first half of the year.

Fed Chairman Powell: The latest inflation data certainly didn’t boost anyone’s confidence.

Fed Chairman Powell: We’re not sure if this is just a bump in the road to achieving our inflation target or if it’s a more serious problem.

Vitol Energy Group: Red Sea attacks increased fuel demand by approximately 100,000 barrels per day.

U.S. stocks continued to rise, with the Nasdaq expanding to 1%.

Fed Chairman Powell: Ultimately, we do think financial conditions are weighing on economic activity.

Fed Chairman Powell: We would like to see more data to strengthen our confidence that inflation is continuing to decline.

Fed Chairman Powell: The risks are indeed two-sided now.

U.S. Senate Minority Leader McConnell: The Senate may meet to discuss the spending bill this weekend.

Federal Reserve Chairman Powell: Stressed that inflation will return to the 2% target "over time."

Fed Chairman Powell: I think we will continue to see commodity prices continue to enter a new equilibrium.

Federal Reserve Chairman Powell: Not sure when rents will fall in the housing market.