Powell Cites Broad Support For Fed Objectives, Despite Dissents

Q: You've already had 2 dissents on the new forward guidance, did others argue against it, and what do you say to the two who dissented?

A: Don't want to comment on the 2 dissenters, but they dissented from of course different perspectives and that should be clear. That's, they're not, they're sort of on two sides of the discussion. But I'm blessed w a committee of highly thoughtful people etc... And I wouldn't have it any other way. So I would say, very broad support , unanimous support for long-run objectives.

"Everyone sees the changes in the underlying economy and sees in their own way the need to address those and including the changes we made to the employment mandate and to inflation so that we're now flexible average inflation targeting... of course there would be a wide range of views and you would expect that and it's actually a healthy thing so I welcome that discussion...This facility, this framework has to, we have to support it with our actions. "

Had "quite a robust discussion... Am pleased where it came out"