Jerome Powell actually said...

As long as the U.S. economy is in solid shape, the prudent thing to do is to wait and learn more and see what the effect might be.

Powell emphasizes the need for caution in monetary policy amid economic uncertainty.

07/01/2025

More Jerome Powell Quotes

When you significantly slow the growth of the labor force, you will slow the growth of the economy.

There are no new water features, there’s no beehives, and there’s no roof terrace gardens

I think that's right

So we didn't overreact — in fact, we didn't react at all. We're simply taking some time.