Political Quotes

On the recordJuly 1, 2025
So we didn't overreact — in fact, we didn't react at all. We're simply taking some time.
Said by
Jerome Powell
Republican · District of Columbia

Editor's note · Context

Powell stated the Fed's cautious approach regarding interest rates.

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More from Jerome Powell

Jun 22, 2023

So our part of it is to try to get inflation under control, and that is what we are doing, and ideally we will do that with as little as possible damage to the economy and the labor market

congress.gov
Jun 24, 2025

I wouldn’t want to point to a particular meeting. I don’t think we need to be in any rush because the economy is still strong.

cnn.com
Jun 21, 2023

It is absolutely the case that Congress will need to authorize the Federal Reserve to issue a CBDC.

congress.gov
Jun 19, 2025

Today, the amount of the tariff effects — the size of the tariff effects, their duration and the time it will take are all highly uncertain.

cnn.com

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