- Fed Chair Powell speaks at Thomas Laubach Research Conference
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- Inflation is far above that objective
- Price stability is the foundation of a strong economy
- Responsibility central bank to maintain price stability
- Inflation poses significant hardships
- Fed is strongly committed to returning to 2% goal
- banking system is strong and resilient
- monetary policy and supervision tools are separate. Tools are complementary most of the time, but there is not an absolute separation monetary policy/supervisory tools.
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