Jerome Powell actually said...

That could be right. It could also just be, though, that demand is incredibly strong and that they are raising prices because they can.

Chair Powell discusses potential causes of inflation during his confirmation hearing.

06/22/2022

More Jerome Powell Quotes

We do expect to see more of that over the course of the summer.

Many, many companies do expect to put all or — some of the effect of tariffs through to the next person in the chain, and ultimately, to the...

From my standpoint, it’s not complicated. What everyone on the [Federal Open Market Committee] wants is a good, solid American economy with ...

America’s economy has been resilient. Part of that is our stance. We think we’re in a good place on that, to respond to significant economic...