Federal Reserve Chairman Powell: Uncertainty about the economic outlook is "exceptionally high."

Federal Reserve Chairman Powell: The Federal Reserve makes interest rate decisions meeting by meeting based on data.

Fed Chairman Powell: It’s “too early” to say monetary policy is restrictive enough.

Fed Chairman Powell: The Federal Open Market Committee is "acting cautiously" and the risks of under-tightening and over-tightening have become more balanced.

Brazilian Central Bank Governor Neto: We do not want to provide terminal interest rate guidance, but we believe that interest rates will remain tight.

Brazilian Central Bank Governor Neto: We intend to maintain the current pace of easing at the next meeting.

Brazilian Central Bank Governor Neto: Interest rates still need to remain within a restrictive range.

Ukrainian Economy Minister: Before Polish freight drivers started protests at the border, Ukrainian exports through Poland were almost double what they are now.

The euro fell 0.50% against the pound EUR/GBP on the day and is now at 0.8582.

Brazilian Central Bank Governor Neto: Brazil can achieve more growth with lower inflation.

EUR/USD fell by 0.50% during the day and is now at 1.0833.

Fed Goolsby: If inflation stalls or moves in the wrong direction, we will take necessary measures.

Market news: The United States has imposed additional sanctions on Russia’s oil price ceiling, and three entities have been sanctioned for violating Russia’s oil price ceiling regulations.

Fed Goolsby: We must get inflation down to target.

Market news: World Bank approves $1.2 billion social support project in Ukraine.

Fed Goolsby: If there is a shock, we will address it.

Fed Goolsby: Shocks are still possible, and soft landings in the past have been hampered by these shocks.