This would be a complicated and challenging judgment we would have to make
It’s not a situation where we can be pre-emptive, because we actually don’t know what the right response to the data wil...
if the large increases in tariffs that have been announced are sustained, they're likely to generate a rise in inflation...
[It] doesn’t affect doing our job at all. We're always going to consider only the economic data, the outlook, the balanc...
We don't have to be in a hurry. The economy is resilient and doing fairly well.
the Fed’s obligation is to keep longer-term inflation expectations anchored to make certain that a one time increase in ...
the Fed would assess which goal – stable prices or maximum employment – is furthest away and prioritize achieving it.
We believe in investing in sports because they have helped us transform neighborhoods, and the NFL bringing this event t...
I think Mike Waltz’s experience should tell anybody in the private sector or any, any other position outside the federal...
a matter of law
very long terms.
Trump's tariffs could present a potential conflict between its mandate to keep prices stable and promote full employment...
the Fed’s caution is Trump’s own tariff agenda, which is highly likely to generate at least a temporary rise in inflatio...
Tariffs could lead to inflation, economic slowdown.
These are very fundamental policy changes.
we would consider how far the economy is from each goal
The level of the tariff increases announced so far is significantly larger than anticipated.
The same is likely to be true of the economic effects, which will include higher inflation and slower growth.