Powell: Current stance of policy appropriate

POWELL: DECISIONS ON MEETING BY MEETING BASIS *POWELL: NORMALIZED POLICY STANCE SHOULD HELP STABILIZE LABOR *POWELL: LONG-TERM INFLATION EXPECTATIONS CONSISTENT WITH GOAL POWELL: LISA COOK CASE IS PERHAPS MOST IMPORTANT LEGAL CASE IN FED'S HISTORY *POWELL: WOULDN'T GO TOO FAR WITH SIGNS OF LABOR STABILIZATION Powell: The outlook for economic activity has clearly improved since the last meeting

POWELL: DON'T TAKE MUCH MESSAGE FROM RISE IN PRICE FOR GOLD POWELL: CLEAR-EYED ON WHETHER PRODUCTIVITY GAINS PERSIST; SAYS HIGHER PRODUCTIVITY AFFECTS INFLATION THINKING

POWELL: DECLINES TO COMMENT ON WHETHER HE WOULD STAY ON AT FED AFTER CHAIR TERM EXPIRES POWELL: FED DOES NOT COMMENT ON DOLLAR POWELL: MAY BE LOOSELY NEUTRAL, OR SOMEWHAT RESTRICTIVE POWELL: HAVE MOVED A GOOD WAY ON RATES *POWELL: THERE WAS BROAD SUPPORT FOR HOLDING RATE TODAY