Actually, Fed policy still looks loose by these measures.

With watchdogs muzzled by deregulation, “money is chasing looser and looser projects.”

Fed chief debuts at Jackson Hole, emphasizes need to evaluate real-world economic indicators as well as economic models in making interest rate decisions.

“It is difficult to argue that lower-than-normal rates are appropriate when unemployment is low and inflation is effectively at the Fed's target.”

Federal Reserve Chairman is trying to maintain flexibility to respond to changes in economic environment.

Powell lauds economy, as the benchmark rate rises to 2%.

Rates rise a quarter point, as expected, and Powell exhibits policy similarities to Janet Yellen—but significant differences in style.

Fed officials also voted to continue reducing the central bank's balance sheet.