On the recordFebruary 26, 2018
I really do think the current equilibrium served us well, and I wouldn't see a reason to change it.
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congress.govI really do think the current equilibrium served us well, and I wouldn't see a reason to change it.
Defends the current voting structure of the Federal Reserve.
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More from Jerome Powell
Everyone that I know is forecasting a meaningful increase in inflation in coming months from tariffs.
The public would lose faith that the central bank will make decisions based only on what’s best for all Americans.
As long as the economy is in solid shape, we think the prudent thing to do is to wait and see what those effects might be.
If we move too quickly, then we may leave the inflation job unfinished and have to come back later and finish it.