On the recordJuly 1, 2025
So we didn't overreact — in fact, we didn't react at all. We're simply taking some time.
Jerome Powell: “So we didn't overreact — in fact, we didn't react at all. We're simply taking some time.”
Editor's note · Context
Powell stated the Fed's cautious approach regarding interest rates.
Share
More from Jerome Powell
Jul 1, 2025
We’re trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.
Jul 1, 2025
In effect, we went on hold when we saw the size of the tariffs, and essentially all inflation forecasts for the United States went up materially as a consequence of the tariffs.
Aug 22, 2025
Overall, while the labor market appears to be in balance, it is a curious kind of balance that results from a marked slowing in both the supply of and demand for workers.
Jul 1, 2025
We're trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.
Other voices in this conversation
