#PowellRemarks

- The Fed is in a good position to wait for more clarity before considering any policy changes.

- The Fed's two goals are to control inflation and maintain low unemployment, which are currently not in conflict, but the current trend is that both unemployment and inflation could rise.

- Don't expect the Fed to rescue the market as Trump's policies are changing day by day.

- If high tax levels continue to drive up consumer prices and weaken economic activity, the Fed will find itself in a difficult situation having to choose between two goals: controlling inflation and supporting the labor market.