Powell also discussed the central bank’s decision to slow its balance sheet runoff. Here is a transcript: JEROME H. POWELL: Good afternoon. My colleagues and I remain squarely focused on ...

Jerome H. Powell, chair of the Federal Reserve, says the central bank’s “obligation” is to ensure that a “one-time increase ...

Powell recently said “We’re well positioned to address whatever may come. And in the meantime, I’d say we’re waiting for greater clarity before we consider adjustments.” That indicates ...