Jerome Powell actually said...

We don't have to be in a hurry. The economy is resilient and doing fairly well.

Powell emphasized the economy's resilience and the Fed's cautious approach to interest rates.

05/06/2025

More Jerome Powell Quotes

it is also possible that the effects could be more persistent

highly likely to lead to at least a temporary rise in inflation

At the Fed, we are squarely focused on achieving the dual-mandate goals Congress has given us of maximum employment and stable prices

significantly larger than expected