Powell: This was a `talking about talking about' meeting

Fed's Powell:

- 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

— DailyFX Team Live (@DailyFXTeam) June 16, 2021

POWELL SAYS BROAD RANGE OF LONGER-TERM INFLATION EXPECTATIONS HAVE MOVED UP; IT'S GOOD

— Inara Bright (@InaraBright) June 16, 2021

FED'S POWELL: INFLATION EXPECTATIONS ARE WELL-ANCHORED, AND THEY ARE CURRENTLY IN A FAVORABLE POSITION.

— Breaking Market News (@financialjuice) June 16, 2021