Fed Chair Jerome Powell talks inflation and labor market after leaving rates unchanged

All right, here we go. This is Fed Chair Jerome Pal taking the podium. >> Good afternoon.My colleagues and I remain squarely focused on achieving our dual mandate goals of maximum employment and stable prices for the benefit of the American people. The US economy has been expanding at a solid pace. While job gains have remained low, the unemployment rate has been little changed in recent months and inflation remains somewhat elevated.Today, the FOMC decided to leave our policy rate unchanged. We see the cur ...