Powell in the Q&A:
Now is a good time for the US to put its fiscal house in order
Fed doesn't see tariff impact on price data yet
US trade tariffs could increase prices
Downward yield curve that Fed policy is currently tight, or it could mean term premiums are negative
Four main wage indicators clustered near 3%
Didn't seriously consider using negative rates in the US
Policy is not tight by yield curve signals he's watching
You do see high asset prices by historical standards
Global picture still positive
Global growth under some pressure, still healthy
He's done now. There isn't anything new or notable here. Same story, rates are going to continue to rise every second meeting until they find a reason not to hike.
