Fed Chair Powell Says Our Policy Stance Is 'Just Right'

The transcript discusses the Federal Reserve's current policy stance, focusing on maximum employment, price stability, and financial stability. It highlights the Fed's new monetary policy framework and its impact on economic activity. The discussion also covers potential future policy adjustments, the importance of communication in tapering, and the focus on supporting the economy and job recovery amid the pandemic.

What factors are currently holding back the economy according to the text?

What is the Fed's current focus in terms of economic support?