Jerome Powell actually said...

For the time being, we are well positioned to wait to learn more about the likely course of the economy before considering any adjustments

Powell discusses the Fed's cautious approach to potential economic adjustments.

06/23/2025

More Jerome Powell Quotes

Inflation has started to move up now, we think, partly in response to tariffs.

Uncertainty around the economic outlook has increased.

The net effect of these policy changes... encompasses an aggressive crackdown on immigration and mass layoffs of federal workers.

The core messaging from the January meeting, where Chair [Jerome] Powell emphasized the Fed was 'not in a hurry' to make adjustments to poli...