Fed's Powell: Implication of Fed forecasts is higher productivity

Fed's Powell: Available evidence suggests layoffs and hiring remain low. POWELL: READINGS ON INFLATION ARE HIGHER AS GOODS INFLATION HAS PICKED UP *POWELL: MOST L/T INFLATION EXPECTATIONS CONSISTENT WITH 2% GOAL *POWELL: DISINFLATION APPEARS TO BE CONTINUING FOR SERVICES FED POWELL: INFLATION RISKS ARE TILTED UP, EMPLOYMENT RISKS TILTED DOWN, AND THERE IS NO RISK-FREE POLICY PATH. Fed's Powell: With downside risks to employment having risen, the balance of risks shifted in the recent months.

Fed's powell: It is a less likely possibility that the labour market gets tight and boosts inflation; not particularly likely. Fed's Powell, when asked if we are seeing a positive productivity shock: Yes.

Fed's Powell: AI is probably part of the weak jobs story, but not a big part. FED POWELL: WE’RE HEARING A LOT ABOUT A K-SHAPED ECONOMY, AND WE DON’T YET KNOW THE ECONOMIC IMPACT IF TARIFFS ARE STRUCK DOWN. Fed Chair Powell: Views Are Varied Among Governors And Among Presidents - People On Both Sides In Both Groups Of Policymakers FED'S POWELL Q&A: DON'T THINK A QUARTER POINT CUT GOING TO IMPROVE HOUSING MKT MUCH; SHORTAGE OF HOUSES BEYOND TOOLS OF THE FED #Powell #FOMC #FederalReserve #economy Fed's Powell: There is a risk that tariff inflation turns out to be more persistent.