*FED POWELL TESTIFIES*:
-FED'S POWELL: IF INFLATION CONTINUES TO BE HIGHER THAN FORECAST, WE WILL HAVE TO RAISE INTEREST RATES MORE OVER TIME.
-FED'S POWELL: WE WILL USE OUR TOOLS TO REDUCE INFLATION.
-FED'S POWELL: WE ARE MOST LIKELY TO REMAIN IN AN ERA OF VERY LOW INTEREST RATES.
-FED'S POWELL: THE ECONOMY NO LONGER REQUIRES EXTREMELY ACCOMMODATIVE POLICY.
-FED'S POWELL: IT'S TIME FOR US TO MOVE AWAY FROM EMERGENCY SETTINGS.
-FED'S POWELL: WE ARE LIKELY TO NORMALISE POLICY THIS YEAR, INCLUDING RAISING INTEREST RATES, AND WE MAY BEGIN BALANCE SHEET RUNOFF LATER THIS YEAR.
By: via @AlliesFin Serve Stock Market
