Fed Chair Powell (Q&A) says question of speed on rate hikes is separate from question of level of rates; we are not so far away from destination on Fed funds rates It is reasonable to go slower as we approach rates destination. Most policymakers thought it is reasonable to adjust to a slower pace. We do not know full extent of banking turmoil consequences. We are trying to get this right. By July rates decision will have three months worth of data, will look at it all, the outlook and make the decision in July.