Powell answers questions:
- With uncertainty, we have been moving gradually and learning as we go
- Monetary policy isn't ideal tool to address financial imbalances
- Doesn't see financial vulnerabilities as elevated
- Expansions don't last forever, unless you're Australia, which is in Year 27 of an expansion
The questions were abysmal. He didn't even have a chance to expand on the path of rates or anything along those lines.
