FOMC Chairman Jerome Powell is delivering his comments on the US economy and the policy outlook at the Wall Street Journal Jobs summit. Key takeaways “Will communicate a sense of progress toward goals well before any QE taper.” “Rate liftoff guidance is pretty specific and will take some time to get there.” “Our guidance is pretty specific.” “Liftoff would take place in an economy all but fully recovered.” “Right now, we haven’t been making much progress on our goals.” “I do expect a pickup in job creation; will assess that when it comes.” “Presumably, we’ll start to see improvements in employment in the next couple of months.” “Current policy stance is appropriate.” “Financial conditions are highly accommodative and that’s appropriate.” “if conditions change, the Fed will use its tools to achieve goals.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Breaking: Powell downplays bond market turmoil, 10-year yield jumps above 1.5% FX Street 1 year FOMC Chairman Jerome Powell is delivering his comments on the US economy and the policy outlook at the Wall Street Journal Jobs summit. Key takeaways "Will communicate a sense of progress toward goals well before any QE taper." "Rate liftoff guidance is pretty specific and will take some time to get there." "Our guidance is pretty specific." "Liftoff would take place in an economy all but fully recovered." "Right now, we haven't been making much progress on our goals." "I do expect a pickup in job creation; will assess that when it comes." "Presumably, we'll start to see improvements in… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.