Day: July 26, 2023

Powell: Policy Has Not Been Restrictive Enough For Long Enough to Have Desired Effects

POWELL: PREPARED TO FURTHER TIGHTEN IF IT’S APPROPRIATE

POWELL: AT MARGIN, STRONGER GROWTH COULD LEAD TO MORE INFLATION

POWELL SAYS HAVEN’T MADE DECISION TO HIKE AT EVERY OTHER MEETINGS

POWELL: POSSIBLE WE’D RAISE IN SEPTEMBER IF DATA WARRANTED

POWELL: FOMC BELIEVES MONETARY POLICY IS RESTRICTIVE

POWELL: IF DATA SUGGESTS MORE HIKES ARE NEEDED THAT IS THE JUDGMENT WE’LL MAKE

POWELL: POSSIBLE WE’D RAISE OR HOLD IN SEPT. IF DATA WARRANTED

POWELL: GETTING BACK TO 2% HAS A LONG WAY TO GO

POWELL: WILL MAKE DECISIONS MEETING BY MEETING