Q&A Begins - Powell On Max Employment

First Q is on what maximum employment looks like, how do you know when that threshold has been met, and how that will be communicated.

• A: Powell says they look at a "broad range of indicators" including unemp rate, labor force participation, job openings, wages,.. also broadly and inclusively at different demographic groups and not just at the headline and aggregatge numbers - "so that's a judgment for the Committee to make". "it is admittedly a judgment call because it's a range of factors, unlike inflation where we have one number that sort of dominates. It's a broad range of things."