Powell: We will keep the current pace of bond-buying until substantial further progress made toward max employment, price stability

Powell: We will keep the current pace of bond-buying until substantial further progress made toward max employment, price stability

$DXY - Fed's Powell: We will keep the current pace of bond-buying until substantial further progress made toward max employment, price stability.
— U.S. Dollar Smile (@Forexmkts) February 10, 2021

Added at 2:03pm

Fed's Powell: Correcting for pandemic-related effects would boost January unemployment rate to close to 10%
— U.S. Dollar Smile (@Forexmkts) February 10, 2021

Added at 2:04pm

Fed Chair Powell, citing bleak jobs picture, says policy will need to stay 'patiently accommodative' https://t.co/TY3smltJII
— CNBC Now (@CNBCnow) February 10, 2021

Added at 2:05pm

*Fed's Powell: We will not tighten monetary policy solely in response to a strong labor market.
— U.S. Dollar Smile (@Forexmkts) February 10, 2021

Added at 2:08pm

Getting Back to a Strong Labor Market

From federalreserve.gov

Today I will discuss the state of our labor market, from the recent past to the present and then over the longer term. A strong labor market that is sustained for an extended period can deliver substantial economic and social benefits, including higher employment and income levels, improved and expanded job opportunities, narrower economic disparities, and healing of the entrenched damage inflicted by past recessions on individuals' economic and personal well-being. At present, we are a long way from such a labor market. Fully realizing the benefits of a strong labor market will take continued support from both ... (full story)

just perfect

Quoting gk111222333

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what do u mean by that ?

Tools and strategy do not change until obtaining results in the parameters of fulfilling the mandate.
A constant stand.

Getting Back to a Strong Labor Market