Jerome Powell actually said...

At the Federal Reserve, we are strongly committed to achieving the monetary policy goals that Congress has given us: maximum employment and ...

It is not really a great strategy to wait until the 8th or 9th year of an expansion to get those benefits.

What we learned in the course of the last expansion was that we could have unemployment at historically low levels without seeing troubling ...

It will be one that has broad support among the community of intended beneficiaries, which was always the Fed's test and my test for what it...