Powell: We expect reserve levels to reach ample level in second quarter

Powell speech: Fed is not satisfied with inflation running below 2% and it is not a ceiling By @eren_fxstreet https://t.co/Z4rs7UmRyG #Fed #CentralBanks

— FXStreet News (@FXstreetNews) January 29, 2020

Fed Chair Powell:

- We want to be clear one and a half trillion would be bottom of range for reserves $DXY $SPX

— DailyFX Team Live (@DailyFXTeam) January 29, 2020

FED'S Powell Says Fed's Intention Is Just To Raise The Level Of Reserves; "That Is Our Sole Intention"

-- Says Hard To Say At Any Time What Is Affecting Financial Markets

-- Says The Labor Market Continues To Perform Well

— First Squawk (@FirstSquawk) January 29, 2020

Fed's Powell Q&A: Wages, running around 3% growth which is about what would match productivity and labor force growth. Natural rate of unemp may still be lower than thought, and supply side shock of labor part could be holding down wages.#Powell #federalreserve #FOMC @anthonymace

— Mace News (@MaceNewsMacro) January 29, 2020