ICYMI - Powell: “We need to see inflation coming down ... Until we do, we’ll keep going.”

Powell spoke Tuesday, US time, post is here for his remarks:

• Powell warned if inflation does not come down we'll have to consider moving more aggressively

One quote from the Fed Chair sums it up, this is very clear:

• “This is not a time for tremendously nuanced readings of inflation. We need to see inflation coming down in a convincing way. Until we do, we’ll keep going.”