Powell: If continue to get strong labor market reports, or higher inflation reports, may need to hike rates more than is priced in

FED'S POWELL Q&A/ECW: REPEATS, HAVE A SIGNIFICANT PERIOD OF TIME BEFORE INFLATION DECLINES TO TARGET VS MKT VIEW THAT IT'S GOING TO HAPPEN FAST #Powell #federalreserve

— Mace News (@MaceNewsMacro) February 7, 2023

Fed's Powell:
- Will Need to Do More Rate Increases, Then Look Around and See if It's Enough
- Price Stability is "Enormously Beneficial" to the Public, Allows Sustainably Strong Labor Mkt
- Recently Immigration Has Turned Up Again, May Mean Somewhat Less Pressure in Labor Mkts

— *seven (@sevenloI) February 7, 2023

POWELL: EXCHANGE RATE POLICY RESTS WITH TREASURY, NOT THE FED

- https://t.co/wXVagA44VK

— PiQ (@PriapusIQ) February 7, 2023