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Powell: This was a `talking about talking about' meeting
Added at 2:49pm
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Fed's Powell:
— DailyFX Team Live (@DailyFXTeam) June 16, 2021
- We have certainly made progress, but we are still far from our goal of "substantial further progress"
- If progress continues, it would be necessary to discuss a taper proposal at future meetings
Added at 2:51pm
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POWELL SAYS BROAD RANGE OF LONGER-TERM INFLATION EXPECTATIONS HAVE MOVED UP; IT'S GOOD
— Inara Bright (@InaraBright) June 16, 2021
Added at 2:52pm
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FED'S POWELL: INFLATION EXPECTATIONS ARE WELL-ANCHORED, AND THEY ARE CURRENTLY IN A FAVORABLE POSITION.
— Breaking Market News (@financialjuice) June 16, 2021