The highlight was the press conference of Jerome Powell ..
_The US Federal Reserve is committed to the goal of optimizing the labor market and stabilizing inflation at a level of 2% sustainably.
_The US economy has made significant progress towards the goals of the US Federal Reserve.
_inflation has fallen and the labor market remains strong. A lot of progress has been made with regard to inflation, but over the past months, we have not made progress on this.
_The US Federal Reserve is closely monitoring economic developments, especially inflation developments and data.
_The US Federal Reserve has decided to keep the interest rate band unchanged to achieve the inflation target.
_The labor market is still very strong, wages are high, and unemployment continues to stabilize near historic lows Inflation has clearly decreased over the past period, but it is still above the target set for it.
_Inflation data for the current year is higher than we expected, but long-term inflation expectations remain stable.
_ The members of the US Federal Reserve are very committed to achieving the inflation target. The latest data did not give us confidence regarding the achievement of the inflation target.
_The US Federal Reserve has the necessary determination to achieve the inflation target and optimize the labor market.
_ The US Federal Reserve understands the difficulties that rising prices pose for citizens, and will do its best to achieve the inflation target .
_The current monetary policy is tightening and allows to return inflation towards the target set for it.
_The effect of the tightening monetary policy is starting to show up in the economic data.
_I think it is appropriate to maintain the current position of the tightening monetary policy.
_We believe that the current monetary policy is in the right position, and it will not be changed until we gain confidence that inflation is returning to the target set for it.
_if inflation continues on the current path, it would be appropriate for the US Federal Reserve not to cut interest.
_The upcoming economic data will determine the peak of the US interest rate.
_ We are ready to hold interest rates for a longer period and are also ready to respond to unexpected weakness in the labor market .
_ We will make the decision meeting after meeting A slower pace of balance sheet run-off would ensure a smooth transition .
_ Slowing the pace does not mean that the balance sheet will shrink to less than it was .
_We believe that our policy is well positioned to address the different paths that the economy may take .
_ I think there are paths through which we can proceed to lower interest rates We want to see higher wages but we don't want to see them eaten up by inflation .
_Perhaps part of reaching the inflation target means raising wages to more sustainable levels .
_We don't know how long it will take before we can lower interest rates I expect over the course of the year that inflation will fall again, but my confidence in this is lower .
_ I think that the decline in rents will appear over time, after significant delays in the analysis of data .
