On the recordJune 24, 2025
The things that are sold at retail now might have been put into inventory before the tariffs, so we think we should see [higher prices] over the summer.
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cbsnews.comEditor's note · Context
Powell explains potential price increases due to tariffs affecting inventory.
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More from Jerome Powell
Mar 20, 2024
It is well past time we all have an adult conversation about fiscal responsibility.
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America’s economy has been resilient. Part of that is our stance. We think we’re in a good place on that, to respond to significant economic developments.
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I wouldn’t want to point to a particular meeting. I don’t think we need to be in any rush because the economy is still strong.
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