{video} On March 5, 2019, Federal Reserve Chairman Jerome Powell sat down for an interview with correspondent Scott Pelley in the Special Library at the Federal Reserve headquarters in Washington, D.C. Below is the transcript of that interview and of their conversation in the Fed's Board Room. Scott Pelley's interview with Mr. Powell aired Sunday, March 10, 2019. SCOTT PELLEY: Have you stopped raising rates? FED CHAIR JEROME POWELL: Well, that's a good question. We see the economy as in a good place. We think that the outlook is a favorable one. Inflation is muted and our policy rate we think is in an appropriate ... (full story)