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#Fed Chair #Powell start the press conference with a strong message on banking
"Conditions in the banking sector have broadly improved since early March and the US banking system is sound and resilient. We will continue to monitor conditions in the sector"
"Conditions in the banking sector have broadly improved since early March and the US banking system is sound and resilient. We will continue to monitor conditions in the sector"
"Committed learning the right lessons from this episode and we will work to prevent these events from happening again. VC Barr's review underscores need to address our rules & supervisory practices to make for stronger & + resilient banking system & I'm confident we will do so"
#Fed Chair Powell:
"Looking ahead we will take a data dependent approach in determining additional policy affirming may be appropriate."
It will take time however for the full effects of monetary restraint to be realized, especially on inflation."
"Looking ahead we will take a data dependent approach in determining additional policy affirming may be appropriate."
It will take time however for the full effects of monetary restraint to be realized, especially on inflation."
