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.
23:42:59
Fed Chairman Powell: It is crucial to achieve the 2% inflation target.
23:42:50
Fed Chairman Powell: We are now looking at inflation and employment risks.
23:42:40
Fed Chairman Powell: It is no longer appropriate to only consider inflation.
23:33:46
Fed Chairman Powell: We don’t make decisions based on the political calendar or anything like that. Integrity is crucial.
23:28:01
Federal Reserve Chairman Powell: Cutting interest rates too early will cause great disruption.
23:27:45
Fed Chairman Powell: We are making progress.
23:27:39
Fed Chairman Powell: Our "hand" is a "steady hand."