On the recordJuly 1, 2025
So we didn't overreact — in fact, we didn't react at all. We're simply taking some time.
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cbsnews.comEditor's note · Context
Powell stated the Fed's cautious approach regarding interest rates.
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More from Jerome Powell
Aug 22, 2025
Job growth, he said, has slowed considerably and that the downside risks to employment are rising.
Jun 27, 2025
Part of that is due to the start-stop nature of the tariffs that have been introduced.
Jun 3, 2026
We do not take into account the fortunes of any political party or politician.
Jul 1, 2025
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.
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