POWELL: FED WON'T RAISE RATES UNTIL CONDITIONS FULFILLED.
POWELL: KEY THING IS T0 KEEP 2% INFLATION EXPECTATIONS ANCHORED.
POWELL: DO EXPECT PICKUP IN JOBS, WILL ASSESS WHEN IT COMES. RIGHT NOW, WE'VE NOT BEEN MAKING MUCH PROGRESS.
POWELL: FED'S CURRENT POLICY STANCE IS APPROPRIATE.
POWELL: FED WILL USE TOOLS IF CONDITIONS CHANGED MATERIALLY.
POWELL: WELL AWARE OF HISTORY OF HIGH INFLATION, WON'T ALLOW IT.
#inflation
#inflation
POWELL: LESSON FROM COVID IS ATTACK QUICKLY, DON'T HOLD BACK.
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