Powell opening statement: The full impact of our tightening is yet to be felt

Fed decision press conference highlights with Chairman Jerome Powell

Without price stability, the economy doesn't work for anyone
We've covered a lot of ground and haven't yet felt the full impact of our tightening
The pace of job growth remains strong
Demand for Labour still outstrips supply vastly '
The process to return to 2% inflation "still has a long way to go"
Strongly committed to bringing inflation back to target
We have seen the effects of our policy on demand, particularly in most price-sensitive sectors. It'll take time to feel it.
The statement was brief,

There was a little hint about how high it tends to be more

Follow us on the free TV channel from here.