Powell Q&A: We're talking about 'moderate' overshoots

Comments from the Federal Reserve Chairman

Powell Q&A
  • Powell emphasizes moderate overshoots and that they won't be permanent
  • This won't be a formulaic approach
  • This to us seems to be the right 'make up' strategy
  • We need more direct aid to small businesses but that's an area where fiscal policy can do much more than us

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