POWELL: ASKED ABOUT 50 BPS CUT, SAYS SINCE LAST MEETING THERE’S BEEN A LOT OF DATA INCLUDING DURING BLACKOUT
POWELL: BENCHMARK REVISIONS SHOWED PAYROLLS MAY BE REVISED DOWN
POWELL: WE CONCLUDED THAT 50 BPS CUT WAS THE RIGHT THING
POWELL: WE WILL MAKE FUTURE DECISIONS BASED MEETING BY MEETING