FOMC Chairman Jerome Powell is delivering his remarks on the economy and policy outlook at a virtual event organized by the Economic Club of Washington. Key quotes “We have persistent disparities in economic outcomes that hold the economy bank.” “Quarter of a century of low inflation due to globalization, technology, demographics.” “Low inflation, deflation reduce the ability of the central bank to fight downturns.” “We want to overshoot inflation moderately after we’ve been below 2%.” “Fed seeks inflation that is moderately above 2% for some time.” “I don’t think it’s important to speak to the public in a way they can understand.” “Terribly important for the Fed to engage with the public proactively.” 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 EUR/USD prints fresh highs above 1.1980 as Powell speaks FX Street 2 years FOMC Chairman Jerome Powell is delivering his remarks on the economy and policy outlook at a virtual event organized by the Economic Club of Washington. Key quotes "We have persistent disparities in economic outcomes that hold the economy bank." "Quarter of a century of low inflation due to globalization, technology, demographics." "Low inflation, deflation reduce the ability of the central bank to fight downturns." "We want to overshoot inflation moderately after we've been below 2%." "Fed seeks inflation that is moderately above 2% for some time." "I don't think it's important to speak to the public in a way they… 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.