Powell speech: We don't see a strong case for moving policy in either direction

Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, is now responding to questions from the press, with key quotes, found below.

"Inflation will return to 2% over time and then will be symmetric around our target"

"We don't see a strong case for moving policy in either direction."

"Decision on IOER doesn’t reflect a shift in the monetary policy stance."

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