*Fed's Powell: Fed Faces 'Obvious Need to Move Expeditiously' in Raising Rates to Neutral Level --WSJ
*Fed’s Powell: Fed Will Hike by More than 25 Bps Each Time If Needed
*Fed's Powell: Inflation Outlook Deteriorated Significantly Even Before Russian Invasion --WSJ
*Fed's Powell: Russian Invasion Creates Risk of Worse-Than-Expected Outcomes on Inflation --WSJ
*Fed's Powell: Fed Prepared to Raise Rates by Half Percentage Point if Warranted --WSJ
*Fed’s Powell: A Prolonged Period of High Inflation May Push Longer-Term Expectations Uncomfortably Higher.
*Fed’s Powell: There Is an Obvious Need to Move Expeditiously to More Neutral Level and More Restrictive Levels If Needed to Restore Price Stability.
*Fed’s Powell: If We Need to Raise Fed Funds Rate by More than 25 Bps at a Meeting or Meetings, We Will Do So.
*Fed’s Powell: If We Need to Tighten Beyond Common Measure of Neutral Rate into a More Restrictive Stance, We Will Do So.
*Fed’s Powell: Action on the Balance Sheet Could Come As Soon As the May Meeting, but No Decision Has Been Made.
*Fed’s Powell: The Timing and Scope of Supply Side Relief Highly Uncertain.
*Fed’s Powell: We Are on the Verge of Further COVID-Related Supply Interruptions from China.
*Fed’s Powell: We Are Headed Once Again into More COVID-Related Supply Disruptions from China.
*Fed’s Powell: As the Outlook Changes, the Fed Will Adjust Policy to Restore Price Stability While Maintaining a Healthy Labour Market.
*Fed’s Powell: The Fed Must Set Policy Looking at Actual Progress on Inflation, and Not Assume Significant Near-Term Supply Side Relief.
*Fed’s Powell: The Magnitude and Persistence of These Effects Highly Uncertain.
*Fed’s Powell: The War in Ukraine Is Expected to Stifle Foreign Economic Activity and Disrupt Supply Networks, with Ramifications for the US Economy.
*Fed’s Powell: The Fed’s Policy Actions on Interest Rates and the Balance Sheet Will Assist Keep Inflation Near 2% over the Next Three Years.
*Fed’s Powell: Russia’s Invasion of Ukraine May Have Significant Effects on the US and the World Economy.
*Fed’s Powell: In Times like These, When Circumstances Change Swiftly, Fed Predictions Might Become Out of Date Soon.
*Fed’s Powell: History Provides Grounds for Optimism That the Fed Can Achieve a Soft Landing.
*Fed Funds Futures Imply Traders See 60.7% Chance Fed Raising Rates 50 Basis Points in May, Up from About 52% Before Powell Comments
https://www.federalreserve.gov/newsevents/speech/powell20220321a.htm