Federal Reserve Governor Jerome Powell

In the Q&A now

  • Fed should be moving slowly toward more neutral stance
  • Hike won't impact potential infrastructure plan much
  • Federal Reserve interest rate hikes will not have much impact on government borrowing costs

Aaaaannd, that's it from Powell, Q&A concluded

As a Governor, Powell has a permanent vote on the Federal Open Market Committee

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Powell spoke earlier without commenting on the economic outlook nor on monetary policy