Crude Inventory Fell 5.8 Million Barrels Last Week, Says EIA

post: Fed’s Powell: Changes to forecasts partly reflect trade policy effects. post: Fed’s Powell: We don’t consider federal debt in monetary policy decisions. post: POWELL: ENORMOUS BENEFITS OF HAVING DOLLAR THE GLOBAL RESERVE CURRENCY POWELL: DOLLAR REMAINS RESERVE CURRENCY, IT’S A DURABLE EQUILIBRIUM, EXPECT IT TO LAST FOR A LONG TIME TO COME post: POWELL: BOND MARKET FUNCTIONING WELL INFLATION EXPECTATIONS HAVE COME DOWN A BIT FROM APRIL ASKED ABOUT RECENT WEAKNESS IN DOLLAR, SAYS MARKETS HAVE BEEN DIGESTING AN UNUSUALLY CHALLENGING SET OF CIRCUMSTANCE post: POWELL: OPEN TO THE POSSIBILITY THAT TARIFFS TRANSLATING TO INFLATION WILL BE MORE, OR LESS THAN WE THINK