Here's your summary from Powell has greater confidence inflation is moving down #economy (https://www.youtube.com/watch?v=MIS17jiV_wg) on the Bloomberg Television channel:
**TLDR:** Powell has greater confidence that inflation is moving down and is considering both inflation and labor market conditions in decision-making.

1. Powell believes it is not yet appropriate to loosen policy until there is greater confidence that inflation is sustainably moving down to 2%.
2. The Federal Reserve is now considering both inflation and labor market conditions as they are in better balance.
3. Unexpected weakening in the labor market could prompt a reaction from the Federal Reserve.
 #finance #tradfi #markets #stocks #stockmarket #bloomberg #macro