Federal Reserve Chairman Powell: If capital requirements are raised, it will take several years to fully take effect.

Federal Reserve Chairman Powell: Silicon Valley Bank has demonstrated the need for stronger liquidity rules in the banking industry.

Federal Reserve Chairman Powell: Having more capital may help Silicon Valley Bank, but the main problem is management mistakes.

Fed Chairman Powell: Silicon Valley Bank may need more capital to help.

Fed Chairman Powell: The speed at which bank runs are happening shows that the rules need to be updated.

Federal Reserve Chairman Powell: I did not participate in the investigation report work done by the Federal Reserve Barr.

Federal Reserve Chairman Powell: In some cases, we need to act more forcefully, but not in all cases.

Federal Reserve Chairman Powell: We learned from the Silicon Valley Bank incident that for those large banks, we need to strengthen supervision.

Federal Reserve Chairman Powell: Inflation affects low-income communities far more than high-income groups.

Fitch: The lower oil price forecast for 2023 reflects weak short-term demand and concerns about slowing global economic growth.

Fed Chairman Powell: Our banks are very well capitalized.

Federal Reserve Chairman Powell: Important banks with global influence in the United States are at or near the top of the international list in terms of capital strength.

The Bulgarian minister said that Bulgaria is considering a second tranche of military aid to Ukraine.

Fed Chairman Powell: The Fed is also limited in its ability to address racial inequality.

ECB Governing Council Nagel: Economic activity must be slowed to reduce inflation.

European Central Bank Governing Council Nagel: No credit crunch has been seen, and policy transmission is in a normal state.

Fed Chair Jerome Powell: The June pause is now "perfectly aligned" with the higher dot plot.

Fed Chairman Jerome Powell: We are now moderately slowing down the pace.