On the recordApril 15, 2025
Unemployment is likely to go up as the economy slows.
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cnn.comUnemployment is likely to go up as the economy slows.
Powell warns about the economic impact of tariffs on unemployment.
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More from Jerome Powell
If we're going to do that successfully, we need to do it in a completely nonpolitical way, which means we don't take sides, we don't play one side against the other, we stay out of issues that are really not our bailiwick.
If we move too quickly, then we may leave the inflation job unfinished and have to come back later and finish it.
We’re trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.