Jerome Powell actually said...

We face a highly uncertain outlook with elevated risks of both higher unemployment and higher inflation.

Powell warned about the potential for persistent inflation due to tariffs.

04/09/2025

More Jerome Powell Quotes

Chances of a recession were extremely low — if you go back two months. It has moved up, but it's not high.

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...

We are focused on separating the signal from the noise as the outlook evolves.