🏦 Fed Chair Powell Running Headlines

*POWELL SAYS RECOVERY IS INCOMPLETE, RISKS REMAIN

*FED CHAIR POWELL SAYS POLICY WILL CONTINUE TO DELIVER POWERFUL SUPPORT TO ECONOMY

*FED'S POWELL: IN THE COMING MONTHS, THE FACTORS STIFLING JOB GROWTH SHOULD DISSIPATE.

*POWELL SAYS FACTORS WEIGHING ON EMPLOYMENT GROWTH SHOULD WANE IN COMING MONTHS

*POWELL: INFLATION HAS INCREASED `NOTABLY,' TO REMAIN ELEVATED

*FED'S POWELL: AS THE REOPENING PROCESS PROCEEDS, DEMAND CHANGES CAN BE BROAD AND QUICK

*FED'S POWELL SAYS LONGER-TERM INFLATION EXPECTATIONS APPEAR BROADLY CONSISTENT WITH FED GOAL - RTRS

*POWELL: BOTTLENECKS MAY AFFECT SUPPLY, AND THEREFORE INFLATION

*POWELL: MANY PARTICIPANTS BELIEVE THAT THE CONDITIONS FOR LIFTOFF WILL BE MET EARLIER THAN ANTICIPATED

*POWELL: VIRUS FEAR `CLEARLY HOLDING BACK' SOME PEOPLE FROM WORK

*POWELL: OTHER FACTORS LIMITING LABOR SUPPLY INCLUDE COVID ISSUES, WHICH SHOULD SUBSIDE IN THE NEAR FUTURE

*POWELL: MUST BE HUMBLE ABOUT OUR ABILITY TO UNDERSTAND DATA

*POWELL: THE TIMING OF INFLATION MODERATION IS UNPREDICTABLE

*POWELL: THIS WAS A `TALKING ABOUT TALKING ABOUT' MEETING

*POWELL: WE TEND TO LOOK AT LONG-TERM INFLATION FORECASTS

*POWELL: THE FOMC WILL MAKE A DECISION BASED ON SIGNIFICANT PROGRESS

*POWELL: DOTS AREN'T A GREAT FORECASTER OF FUTURE RATE MOVES

*POWELL:REVERSE-REPO FACILITY PROVIDING FLOOR ON MONEY-MKT RATES

*FED'S POWELL: WE'RE NOT WORRIED ABOUT REVERSE REPO FACILITY SIZES

*POWELL SAYS OUR EXPECTATION IS THESE HIGH INFLATION READINGS WE SEE NOW WILL START TO ABATE

*POWELL: DON'T RULE OUT THE POSSIBILITY THAT INFLATION WILL CONTINUE TO RISE FOR LONGER THAN ANTICIPATED, CAUSING EXPECTATIONS TO RISE

*POWELL SAYS WOULD BE PREMATURE TO DECLARE VICTORY OVER PANDEMIC