Powell: We are doing a great deal of work exploring CBDC

tweet at 10:29am: Fed's Powell: - We have an unconditional commitment to fighting inflation - The labor market is unsustainably hot tweet at 10:29am: POWELL: SIGNIFICANTLY MORE CHALLENGING TO BRING DOWN INFLATION WITHOUT IMPACTING THE LABOR MARKET tweet at 10:35am: FED'S POWELL Q&A: SOME OF INFL IS OUT OF FED'S CONTROL, LIKE ENERGY; EUROPEAN COUNTRIES HAVE VARYING HIGH RATES OF INFLATION; FED HAS TOOLS VS DEMAND #Powell #federalreserve tweet at 10:36am: Fed's Powell: - The impact of shrinking the balance sheet will be marginal compared to impact of rising interest rates - US inflation is a consequence of very strong demand tweet at 10:42am: POWELL: OUR INTENTION IS TO ACHIEVE A SOFT LANDING POWELL: PATH TO DO THAT HAS GOTTEN MORE AND MORE CHALLENGING

tweet at 11:20am: Fed's Powell: - We do not want a private stablecoin to become a digital dollar - If there is a digital dollar, it needs to come from the Fed tweet at 11:18am: FED'S POWELL: THE TIME IS COMING FOR REGULATION OF STABLECOINS AND DIGITAL FINANCE, IT IS IMPORTANT TO GET IT DONE QUICKLY.