STOCKS AND NEWS

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FED'S POWELL: FACT THAT US IS GROWING SOLIDLY, LABOR MARKET STRONG, GIVES US THE CHANCE TO BE A LITTLE MORE CONFIDENT ABOUT INFLATION UNTIL CUTTING RATES

FED'S POWELL: WE'VE WORKED WITH BANKS TO ADDRESS ISSUES WITH CRE || SAYS SOME BANKS, MOSTLY SMALL BANKS, HAVE CRE-CONCENTRATIONS; WE ARE WORKING WITH THEM TO MAKE SURE THEY HAVE ENOUGH CAPITAL, 'I THINK THAT WILL BE OK' | SAYS ONE LESSON FROM SVB WAS THAT SUPERVISORS NEED TO BE FORCEFUL WHEN APPROPRIATE

FED'S POWELL: AN INDEPENDENT FED HAS BROAD SUPPORT ON BOTH SIDES OF AISLE | SAYS U.S. BANKING SYSTEM IS IN A GOOD PLACE

FED'S POWELL: A UNANIMOUS DECISION DOESN'T MEAN THERE WEREN'T DIFFERENT VIEWS | SAYS RATE DECISIONS ISN'T FULLY BAKED BEFORE THE POLICYMEETING || SAYS IT'S REALLY HELPFUL TO HEAR DIFFERENT VIEWS SO YOU CAN TEST YOUR OWN PERSPECTIVE

FED'S POWELL: AT A CERTAIN POINT WE WILL SLOW RUNOFF PACE FOR BALANCE SHEET FED'S POWELL: BY SLOWING THE PACE WE ARE TRYING TO GET FURTHER ON SHRINKING THE BALANCE SHEET WITHOUT BEING DISRUPTIVE FED'S POWELL: SLOWING BALANCE SHEET RUNOFF IS NOT IN ANY WAY RELATED TO VIEW OF ECONOMY

FED'S POWELL: FOR PUBLIC TO UNDERSTAND WHAT WE ARE DOING AND WHY, THAT HELPS OUR POLICY BE MORE EFFECTIVE | SAYS SURPRISING MARKETS WITH A RATE CUT WOULD BE 'NOTHING GOOD' || SAYS SURPRISING MARKETS LIKE THAT WOULD NEVER HAPPEN WITHOUT A REASON

FED'S POWELL: WHAT MATTERS FOR THE ECONOMY OVER THE MEDIUM-TERM IS NOT WHAT THE FED DOES, BUT INVESTING IN SKILLS, TECHNOLOGY | SAYS WHAT FED DOES IS IMPORTANT IN SMOOTHING OUT BUSINESS CYCLE AND CRISIS RESPONSE || SAYS TRADE, AND WHAT ADMINISTRATION DOES, IS FAR MORE IMPORTANT OVER THE LONG-TERM THAN WHAT THE FED DOES

FED'S POWELL: WE WILL DO WHAT WE NEED TO DO WITH OUR POLICY TOOLS TO ACHIEVE OUR MANDATED GOALS | SAYS WE ARE NOT ON A SUSTAINABLE FISCAL PATH, AND THE SOONER WE GET BACK ON THAT PATH, THE BETTER FED'S POWELL: SLOWING THE RUNOFF OF THE BALANCE SHEET IS NOT THE MAIN STORY ON MONETARY POLICY

FED'S POWELL: POSSIBILITY OF A RECESSION IS NOT ELEVATED NOW

FED'S POWELL: WE WOULD NOT BE THE FED IF WE WERE POLITICIZED | SAYS CREDIBILITY ON INFLATION, STICKING TO YOUR KNITTING, IS EVERYTHING || SAYS IF THE PUBLIC BELIEVES YOU CAN BRING INFLATION DOWN, IT WILL BE EASIER TO DO SO

FED'S POWELL: WE ARE NOW THINKING ABOUT RISKS TO BOTH INFLATION AND EMPLOYMENT SAYS GETTING TO 2% INFLATION IS CRITICAL SAYS IF SEE UNEXPECTED WEAKNESS IN LABOR MARKET THAT COULD DRAW A POLICY RESPONSE