Jerome Powell: “When you significantly slow the growth of the labor force, you will…”

On the recordJuly 6, 2025

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

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Republican · District of Columbia

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Jul 6, 2025

Powell warns that reduced immigration could hinder economic growth.

More from Jerome Powell

Oct 14, 2025

We may approach that point in coming months

Oct 14, 2025

If we move too slowly, there may be unnecessary losses, painful losses in the employment market.

Jul 25, 2025

I haven’t heard that.

Jun 3, 2026

We do not take into account the fortunes of any political party or politician.

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Jerome Powell: “When you significantly slow the growth of the labor force, you will slow the growth of the economy.”