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FED
  • If Powell specifically gives an estimate of the end-year 2022 rate, what is the rate? N/A
  • Does Powell say rates may need to be more restrictive than the June SEP projections? No
  • Does Powell reiterate the FOMC needs to see "clear and convincing evidence"/"compelling evidence" that inflation is easing? No
  • Does Powell note there are signs of some price pressures easing? Yes, says July lower readings welcome
  • Does Powell say the Fed expects to slow the pace of hikes "at some point"? Yes
  • Does Powell say it's essential/necessary to move to a "restrictive" stance of policy? Yes

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