Fed’s Powell: Fed will respond accordingly

Fed Chair Powell is speaking on “Building on the Gains from the Long Expansion”.

Key comments

• 25-Nov-2019 18:00:00 – POWELL SAYS FED WOULD ‘RESPOND ACCORDINGLY’ IF DEVELOPMENTS CAUSE MATERIAL REASSESSMENT OF ECONOMIC OUTLOOK
• 25-Nov-2019 18:00:00 – FED’S POWELL SAYS CURRENT MONETARY POLICY LIKELY TO REMAIN APPROPRIATE AS LONG AS ECONOMIC DATA IS CONSISTENT WITH MODERATE GROWTH
• 25-Nov-2019 18:00:00 – POWELL SAYS ‘YELLOW FLAGS’ IN ECONOMY INCLUDE MUTED INFLATION AND WEAKNESS IN MANUFACTURING
• 25-Nov-2019 18:00:00 – POWELL SAYS POLICYMAKERS’ FAVORABLE OUTLOOK FOR U.S. ECONOMY IS FOUNDED IN STRONG HOUSEHOLD SPENDING
• 25-Nov-2019 18:00:00 – POWELL SAYS WEAK FOREIGN GROWTH HURTS EXPORTS AND INCREASES RISK THAT WEAKNESS WILL SPREAD MORE BROADLY
• 25-Nov-2019 18:00:00 – POWELL SAYS LOWER MONTHLY JOB GAINS POINT TO AN ECONOMY WITH ‘SOMEWHAT LESS MOMENTUM’ THAN PREVIOUSLY THOUGHT
• 25-Nov-2019 18:00:00 – POWELL SAYS MONETARY POLICY ‘WELL POSITIONED’ TO SUPPORT LABOR MARKET AND 2% INFLATION GOAL

More to come

FX implications