Jerome Powell said...

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

We've judged that the risk to higher inflation and unemployment has risen

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

the Fed’s caution is Trump’s own tariff agenda, which is highly likely to generate at least a temporary rise in inflatio...