Jerome Powell: “Trade is really the business of Congress, and Congress has delegated some of that to the Executive Branch.”

Everyone that I know is forecasting a meaningful increase in inflation in coming months from tariffs.

If any administration finds a way to remove Fed officials over policy differences, then future administrations will do so as well.

If we move too slowly, there may be unnecessary losses, painful losses in the employment market.

Stopping sooner could have made some difference, but not likely enough to fundamentally alter the trajectory of the economy