Jerome Powell said...

In effect, we went on hold when we saw the size of the tariffs, and essentially all inflation forecasts for the United S...

If we make a mistake, people will pay the cost for a long time.

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

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...