Fed's Powell: My own forecasts are similar to the committee's forecasts

<ul><li>We expect the labor market to gradually cool</li><li>Also expect inflation to move down this year</li><li>Repeats that strong majority of committee believes two more rate hikes before year end</li><li>Decisions last week was to move more slowly</li><li>Will do what it takes to get inflation down to 2% over time</li></ul><p>There's nothing new here.</p>

This article was written by Adam Button at www.forexlive.com.