More from Chairman Powell

  • one-time price rises don't necessarily spur inflation
  • number of commercial real estate sectors under pressure
  • best for commercial real estate is to curb virus
  • big parts of economy are largely or even fully recovered
  • economy went sideways through January
  • what Covid hit sectors need is an end to the pandemic
  • as cases recede, may be fairly soon, will see job numbers begin to creep back up