Powell speech: The Fed is going to “go in strong” on asset purchases
More comments are crossing the wires from the US Fed Chairman Powell, with the key headlines found below.
"Is of less interest" to him if Fed's asset purchase program is labeled QE or not.
Fed is not seeking authority to buy securities other than treasuries and MBS.
There is no weekly or monthly cap on asset purchases.
The Fed is going to "go in strong" on asset purchases.
Fed is willing to be patient in assessing when to raise rates back from near zero.