Chair of the Federal Reserve System Powell speaking, Headlines via Reuters

  • signs of upward pressure on inflation 'muted'
  • repeats economy in a "good place" as Fed remains patient, watches risks
  • urges policies to boost labor force participation, productivity
  • says recent rise in productivity leaves room for wages to increase without raising inflation concerns

Powell not wavering from recent remark themes from the Fed and its officials in the text of his speech.

There is no scheduled Q&A to follow.

Chair of the Federal Reserve System Powell speaking, Headlines via Reuters