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

if the large increases in tariffs that have been announced are sustained, they're likely to generate a rise in inflation...

There isn’t a modern experience of how to think about this.

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

The same is likely to be true of the economic effects, which will include higher inflation and slower growth.