Jerome Powell said...

While tariffs are highly likely to generate at least a temporary rise in inflation, it is also possible that the effects could be more persistent.

Powell discussed the potential long-term effects of tariffs on inflation.

04/09/2025

More Jerome Powell Quotes

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

without the ability to pay interest on reserves, the Fed would lose control over rates

As long as the U.S. economy is in solid shape, the prudent thing to do is to wait and learn more and see what the effect...

I would agree that climate is the biggest risk.