Powell opening statement: We are attentive to risks on both sides of the mandate ...Middle East

Noted hurricane and strike effects on jobs in NovemberWage growth has easedUnemployment has edged down in past 3 months, remains lowLabor market conditions now less tight than just before pandemic, notes it's not a source of significant inflation pressuresOverall inflation has moved much closer to goalCore inflation remains somewhat elevatedWe are committed to maintaining economy's strengthIf inflation remains strong, we can dial back policy more slowlyIf jobs falter, we can lower rates more quicklyWe will do everything we can to achieve our maximum employment and price stability goalsThere wasn't much here in terms of hints of what's coming next. The one nod is that they will normalize 'mor

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Powell opening statement: We are attentive to risks on both sides of the mandate ...Middle East

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