. >>> thank you, nick timeros? >> good afternoon, chair powell.got very clear about the committee's intentions on rates, not even thinking about raising rates. and low rates as to 2% my question is about -- does the guidance today apply to the current -- are there any make roe economic that you would -- and mvs purchases, and under what conditions would a decrease be appropriate thank you. to help foster acdadive conditions, that is already -- what i've been say, and what other central banks have acknowledged. >>> i would just say this, there are various ways and margins, and we'll continue to adjust to our plans as appropriate >> if i could follow up, i suppose the question but not give guidance when the fed has talked about with the two policy tools working together today we believe effectively we're saying that race will remain highly accommodate iive t would be an -- now we're buying 120 billion in securities per month we do have the flexibility to adjust that tool and the rate tool and other tools as well, but we think that our policy setting