Powell confirms that the Fed currently has negative income.
03/07/2023
https://congress.gov...
For the time being, we are well positioned to wait to learn more about the likely course of the economy before consideri...
monetary policy decisions would be based solely on careful, objective, and non-political analysis
We're in the right place to wait and see how things evolve. We don't feel like we need to be in a hurry. We feel like it...
It’s not a situation where we can be pre-emptive, because we actually don’t know what the right response to the data wil...