Political Quotes

On the recordJune 24, 2025
The effects on inflation could be short lived — reflecting a one-time shift in the price level.
Said by
Jerome Powell
Republican · District of Columbia
Source
cnn.com

Editor's note · Context

Powell discusses potential short-term impacts of tariffs on inflation.

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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.

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