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 “We won’t raise interest rates to cool economy just because employment gets high.” “The Fed is committed to getting back to a strong labor market.” “High inflation is a very bad state of affairs; the Fed won’t allow it to happen again.” “In the next year or so, more likely prices will move up, but not stay up, and certainly not enough to move inflation expectations above 2%.” “We are committed to staying on the playing field with our tools until the job is really done.” “It’s good to be where we are relative to what we expected a year ago right now.” “If we can end the pandemic, can get back to normal and avoid long-term damage.” “Next couple of months will be very important on the pandemic.” 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 Polkastarter Price Prediction: POLS primed for a 50% breakout towards $6.5 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 "We won't raise interest rates to cool economy just because employment gets high." "The Fed is committed to getting back to a strong labor market." "High inflation is a very bad state of affairs; the Fed won't allow it to happen again." "In the next year or so, more likely prices will move up, but not stay up, and certainly not enough to move inflation expectations above 2%." "We are committed to staying on the… 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.