Fed Chair Powell (Q&A) says if the Fed was ever going to skip an SEP, this would have been a good one

Fed Chair Powell (Q&A) says inflation overshoot mainly from goods and tariffs; growth has been solid, economy is doing well; unemployment little changed since September, and there is a low breakeven rate for jobs

Fed Chair Powell (Q&A) says the long-term thinking is to look through energy shocks, but that also depends on inflation expectations

Fed Chair Powell (Q&A) says if the Fed was ever going to skip an SEP, this would have been a good one

Fed Chair Powell (Q&A) says no one knows the economic impact of the Middle East conflict; says 'we just don't know' what effects energy rise will have on consumers' consumption and disposable income

Fed Chair Powell (Q&A) says part of the oil shock is in the forecast for higher inflation, but also, Fed has not seen the hoped for progress on lowering prices