Jerome Powell: “Getting past the pandemic is the single most important thing we can do.”

If any administration finds a way to remove Fed officials over policy differences, then future administrations will do so as well.

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

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

The public would lose faith that the central bank will make decisions based only on what’s best for all Americans.