00:59:14
Fed Chairman Powell: Regional banks are very important.
00:59:08
Federal Reserve Chairman Powell: Work with regulators to resolve commercial real estate issues.
00:58:23
Fed Chairman Powell: Business risk is not a big risk for the largest banks, but it is a bigger risk for smaller banks.
00:57:52
Fed Chairman Powell: Expected to take public comments on banking rules into consideration very seriously.
00:57:29
According to Israeli media N12 TV: Israel said that Hamas had taken about 30 children hostage.
00:56:57
Fed Chairman Powell: Banks are doing a better job of managing risk than in the past.
00:56:35
Fed Chairman Powell: Banks are strong and well capitalized.
00:56:30
Fed Chairman Powell: Bank stress has stabilized and the Fed is still paying close attention to possible problems.
00:55:46
Fed Chairman Powell: Problems facing the banking industry have stabilized.
00:54:58
Fed Chairman Powell: I think most of the inflation is not coming from the job market, but is driven by demand.
00:52:15
Fed Chairman Powell: Wage growth has moderated and job vacancies have decreased.
00:52:02
Fed Chairman Powell: Does not support any specific long-term interest rate level.
00:51:31
Fed Chairman Powell: Higher marginal yields have reduced the pressure on the Fed to raise interest rates.
00:51:01
Fed Chairman Powell: We know the Fed’s actions are having a negative impact on parts of the economy.
00:50:52
Fed Chairman Powell: The purpose of tightening policy is to affect economic conditions.
00:50:37
Fed Chairman Powell: Higher bond yields are leading to the tightening of financial conditions the Fed wants to see.
00:50:23
Fed Chairman Powell: Raising interest rates will be difficult for everyone.
00:50:09
Fed Chairman Powell: Overseas purchases of U.S. Treasury bonds remain strong.
00:49:55
Fed Chairman Powell: We want to return to a state of long-term price stability.
00:49:12
Fed Chairman Powell: The Fed must restore price stability.