Jerome Powell actually 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

I do think that as this expansion has continued, we have started to see people at the lower end of the wage scale get the bulk of the benefi...

Our debt is growing faster than our economy by a margin. And so I think by definition that makes it unsustainable.

You will be spending more and more--or more accurately, our children and grandchildren will be spending more of their tax dollars to pay for...

In a downturn, it would also be important for fiscal policy to support the economy. However, as noted in the Congressional Budget Office's r...