Additional comments from Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, cross the wires as he continues to speak at the Council on Foreign Relations in New York. Powell said that he takes the market's apparently somewhat tepid inflation expectations seriously and added that he saw that as an argument for lower rates. Meanwhile, after staging a recovery to 96.36 with the initial reaction to St. Louis Fed President Bullard's hawkish remarks, the US Dollar Index lost its momentum and was last up 0.12% on a daily basis at 96.12. Below are some key takeaways, as reported by Reuters. (full story)