Powell expresses support for revising the Volcker Rule.
11/27/2017
https://www.congress.gov...
While uncertainty remains elevated, it is now becoming clear that the tariff increases will be significantly larger than expected.
it is also possible that the effects could be more persistent
highly likely to lead to at least a temporary rise in inflation
At the Fed, we are squarely focused on achieving the dual-mandate goals Congress has given us of maximum employment and stable prices