Powell Speech: Outlook of trade talks is unknown, premature to judge

Additional headlines are crossing the wires from the Fed Chair Powell, as he now responds to the Q and A session.

“There will be a high bar to fundamental changes to inflation framework. “

“Current policy framework has served the public well.”

“Using an inflation range one option to be reviewed.”

“US inflation dynamics very different than in recent decades, with globalization, technology playing a role.”

“Outlook of trade talks is unknown, premature to judge.”

“Don’t see any threat to dollar as reserve currency.”