Jerome Powell said...

We don't have to be in a hurry. The economy is resilient and doing fairly well.

The U.S. economy was in solid shape, but warned of very high uncertainty due to the impact of tariffs.

The effects on inflation could be short lived — reflecting a one-time shift in the price level.

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