Political Quotes

On the recordJune 25, 2025
The U.S. economy was in solid shape, but warned of very high uncertainty due to the impact of tariffs.
Said by
Jerome Powell
Republican · District of Columbia

Editor's note · Context

Jerome Powell discusses the state of the U.S. economy and concerns about inflation from tariffs.

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More from Jerome Powell

Jun 24, 2025

For the time being, we are well positioned to wait to learn more about the likely course of the economy before considering any adjustments to our policy stance.

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Jun 24, 2025

It would be inappropriate for us to comment on the policy of tariffs.

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Jul 1, 2025

I do think that’s right.

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Jun 24, 2025

The things that are sold at retail now might have been put into inventory before the tariffs, so we think we should see [higher prices] over the summer.

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