03:38:35
Fed Chairman Powell: We are confident, but we need more confidence.
03:38:20
U.S. Senate Minority Leader McConnell: The United States must provide aid to Ukraine and Israel.
03:37:56
Fed Chairman Powell: We will evaluate incoming data and the balance of risks to make decisions.
03:37:21
Fed Chairman Powell: Cutting interest rates too early could lead to a reversal of inflation progress.
03:37:17
Fed Chairman Powell: We need greater confidence before cutting interest rates.
03:37:03
Fed Chairman Powell: Continue to make decisions one by one at meetings.
03:36:49
Fed Chairman Powell: Lowering policy rates too late could weaken the economy too much.
03:36:19
Fed Chairman Powell: It is still "uncertain" whether inflation can continue to make progress.
03:36:15
Federal Reserve Chairman Powell: If necessary, we are prepared to maintain the current policy interest rate for a long time.
03:35:57
Fed Chairman Powell: If the economy develops as expected, we will adjust policy interest rates this year.
03:35:42
Fed Chairman Powell: Our policy rates may have peaked.
03:35:39
Fed Chairman Powell: It may be appropriate to start cutting interest rates at some point this year.
03:35:23
Fed Chairman Powell: Our tightening stance has exerted downward pressure on economic activity and inflation.
03:35:15
Fed Chairman Powell: Long-term inflation expectations appear to remain stable.
03:34:43
Fed Chairman Powell: We need evidence of continued decline in inflation.
03:34:38
Fed Chairman Powell: Hopes that inflation data will continue to decline in the second half of the year.
03:34:04
Fed Chairman Powell: Inflation remains above target.
03:33:42
Fed Chairman Powell: Nominal wage growth has slowed and job vacancies have decreased.
03:33:15
Federal Reserve Chairman Powell: Higher interest rates are putting pressure on corporate fixed investment.
03:33:04
Fed Chairman Powell: Job growth remains strong.