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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More from Jerome Powell

Jun 20, 2025

We do expect to see more of that over the course of the summer.

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Jun 24, 2025

We will get to a place where we cut rates.

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Jul 1, 2025

We're trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.

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Jun 19, 2025

Today, the amount of the tariff effects — the size of the tariff effects, their duration and the time it will take are all highly uncertain.

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