Jerome Powell 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

Longer-term interest rates are a good deal higher now, driven largely by real rates given the stability of longer-term i...

the economy was 'in solid shape'

The effects on inflation could be short lived — reflecting a one-time shift in the price level.

What's tended to happen is when there's turmoil in the Middle East, you may see a spike in energy prices.