Jerome Powell actually said...

Additional fiscal support could be costly but worth it if it helps avoid long-term economic damage and leaves us with a stronger recovery.

Chairman Powell advocates for fiscal support to prevent long-term economic harm.

05/12/2020

More Jerome Powell Quotes

I think it is daycare coming back and reopening, being available.

We are not in the business of giving fiscal advice to Congress either way.

A recent decline in commodity prices was evidence that price pressures will cool as supply bottlenecks from reopening the economy are worked...

Oh, yes, I think so. The forecast of many is that by the middle of next year, we will be above the prior trend.