Highlights from an interview with Powell on CNBC
- Monetary policy has 'been in the ring alone' while fiscal policy sidelined
- Not taking much of a signal from latest jobs report
- Some of the things depressing growth are transient, some aren't
- The dot plot isn't a forecast for rates
- Markets are pricing in downside risks
It's tough to take a signal from his comments. He didn't come across as particularly enthusiastic or cautious about the outlook.