Fed Chair Powell (Q&A) says his term has been challenging due to supply shocks
Fed Chair Powell's acknowledgment of supply shocks highlights ongoing challenges for monetary policy, possibly reinforcing a dovish stance as the Fed navigates inflation concerns amid these disruptions.
US FX WRAP: Dollar gains on hawkish Fed statement dissent and Powell sounding hawkish on peers
Fed Chair Powell (Q&A) says every advanced economy has made the decision to keep monetary policy as independent, want to take it out of the direct control of elected officials
Fed Chair Powell (Q&A) says his term has been challenging due to supply shocks
Fed Chair Powell (Q&A) says as Governor, he is not looking to be a high-profile dissident; wants to see that things have calmed down
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This could imply continued market volatility in rates and the USD, as investors assess the balance between growth and inflation in light of Powell's insights.
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