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post: Powell: the Policy Rate is Restrictive Powell: Time Will Tell if We’re Sufficiently Restrictive on Policy Powell: Don’t Think Likely Next Move Would Be a Rate Hike post: Powell: Restrictive Policy May Take Longer Than Expected to Bring Inflation Down Powell: We Will Get Inflation Down to 2% post: Powell: Housing Inflation Has Been a Bit of a Puzzle Powell: Current Rent Increases Have Been Low for Some Time, Not Showing Up in Rollover Leases post: Powell: Lags Between Decline in Mkt Rates and It Showing Up Are Longer Than We Though Powell: It Should Show Up, Just a Question of When post: Powell on the April PPI: "I wouldn’t call it hot. I would call it sort of mixed." (The main readthroughs to PCE from the PPI likely offset as lower airfares and health care costs likely offset the hotter financial services subcomponent.)
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post: Powell: We’ve Seen Demand for Workers Cooling Off Pretty Substantially Powell: You Also See Wages Coming Down Powell: I Think That Tells You That Policy is Probably Restrictive post: Powell: Credit Has Been Tight for Some Time Powell: Credit Growth Has Been Modest post: Powell: We’re Not Sitting Around Wondering About Longer-Run Neutral When We Make Policy Today post: Powell: US Banking System Overall is in Good Shape Powell: Our Large Banks Are Strong, Well Capitalized post: POWELL: LENDING ACTIVITIES BY NONBANKS ARE GROWING VERY, VERY FAST POWELL: WE NEED TO MONITOR THAT VERY CAREFULLY POWELL: VERY FAST GROWTH IN ANYTHING RAISES FINANCIAL STABILITY CONCERNS
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