Powell Says Economy No Longer Needs Aggressive Stimulus

Wall Street Journal, Jan. 11, 2022–Nick Timiraos (subscription)
Federal Reserve Chairman Jerome Powell said he was prepared to begin raising interest rates to cool down the economy but that he also was optimistic that supply-chain bottlenecks would ease this year to help bring down inflation.
https://www.wsj.com/articles/powell-confirmation-hearing-could-shed-more-light-on-plans-to-contain-inflation-11641897004?mod=hp_lead_pos5