Powell: We are in my view a long way from max employment

what impact is this speeech ?

it's very easy to say taper and very easy to say no taper ..... in fact everything is fake, just a charade

Mixed and confusing

One may need some time to analyze

However, USD may retreat a bit

im listening to this and idk if i miss heard but did he say they already started tapering??

To increase the employment rate, you need new orders increasing first. MBS, thanks to Fed, raised the individual expenses directly and indirectly over rents. housing prices and new/used cars were all predicted and which account for the headline CPI and PCE that Fed cares about, and now Mr. Chairman is talking about the long way from max employment?! The point is not about what Powell says, it's all about what he didn't say.

It seems like he's more concerned with unemployment, so he won't taper until mid next year.

I agree, he has mentioned this several times in previous speeches.