Jerome Powell actually said...

The net effect of these policy changes... encompasses an aggressive crackdown on immigration and mass layoffs of federal workers.

Powell discussed the broader implications of Trump's policy changes on the economy.

03/13/2025

More Jerome Powell Quotes

How will tariffs and new immigration policy affect the Fed’s mission to bring down inflation?

The Committee seeks to achieve inflation that averages 2 percent over time.

I have spent most of my career in the private sector, and what I observed was that really successful institutions in the United States--comp...

Not at all.