Powell Says Low Inflation Creates New Challenges for Fed

Wall Street Journal, Feb. 12, 2020–Nick Timiraos (subscription)
Federal Reserve Chairman Jerome Powell told lawmakers Wednesday the central bank wanted to update its policy-setting manual to address an economic environment in which falling inflation was potentially a more pressing problem than rising inflation.
https://www.wsj.com/articles/feds-jerome-powell-set-to-testify-before-senate-on-economy-11581503400?mod=hp_lista_pos5