On the recordMarch 12, 2025
The core messaging from the January meeting, where Chair [Jerome] Powell emphasized the Fed was 'not in a hurry' to make adjustments to policy, is likely to remain in place in March.
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cbsnews.comThe core messaging from the January meeting, where Chair [Jerome] Powell emphasized the Fed was 'not in a hurry' to make adjustments to policy, is likely to remain in place in March.
Powell's statement reflects the Fed's cautious approach to policy adjustments amid economic concerns.
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More from Jerome Powell
I have a little more than 10 months left on my term as chair, and all I want, and all anyone at the Fed wants, is to deliver an economy that has price stability, maximum employment, financial stability.
When you significantly slow the growth of the labor force, you will slow the growth of the economy.
The public would lose faith that the central bank will make decisions based only on what’s best for all Americans.
There are no new water features, there’s no beehives, and there’s no roof terrace gardens