Jerome Powell said "the Fed's understandably cautious stance also opens the door for the Committee to be late to the party" @ PoliticalQuotes.com

On the recordMarch 19, 2025

the Fed's understandably cautious stance also opens the door for the Committee to be late to the party

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Republican · District of Columbia

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Powell highlighted risks of the Fed's cautious approach to economic policy.

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If we move too quickly, then we may leave the inflation job unfinished and have to come back later and finish it.

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Part of that is due to the start-stop nature of the tariffs that have been introduced.

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The U.S. economy is in solid shape.

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The Fed’s credibility would be lost.

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