Powell's prepared remarks look more or less.....>

FED: Powell's prepared remarks look more or less the same as the key points from

his Oct FOMC press conference opening statement.

- Again, refers to inflation pressures as 'muted', 'sustained expansion' of

economy 'most likely', current policy 'likely to remain appropriate', and this

paragraph exactly the same verbatim: "We will be monitoring the effects of our

policy actions...if developments emerge that cause a material reassessment of

our outlook, we would respond accordingly. Policy is not on a preset course."

- Q&A likely more interesting if the committee actually asks good questions...

we'll see.