Reply To: Federal Reserve Leave Rates Unchanged as Expected. See 5.6% Fed Fund Rate at Year End


Powell Q&A:

We will be driven by incoming data, meeting by meeting
It is a meaningful change to no longer say we anticipate more firming of policy
My own assessment is that we will have continued growth
Staff sees a mild recession, it’s independent at last meeting and was broadly similar today
A decision on a pause was not made today, we will decide on June in June