Jerome Powell said...

So we didn't overreact — in fact, we didn't react at all. We're simply taking some time.

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

07/01/2025

More Jerome Powell Quotes

When you significantly slow the growth of the labor force, you will slow the growth of the economy.

Overall, while the labor market appears to be in balance, it is a curious kind of balance that results from a marked slo...

Job growth, he said, has slowed considerably and that the downside risks to employment are rising.

If we move too quickly, then we may leave the inflation job unfinished and have to come back later and finish it.