On the recordJune 20, 2023
I think that is a pretty good guess of what will happen if the economy performs about as expected.
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congress.govEditor's note · Context
Powell discusses expectations for future rate hikes based on economic performance.
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More from Jerome Powell
Jul 1, 2025
In effect, we went on hold when we saw the size of the tariffs, and essentially all inflation forecasts for the United States went up materially as a consequence of the tariffs.
Jul 1, 2025
We're trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.
Jun 3, 2026
We do not take into account the fortunes of any political party or politician.
Jul 1, 2025
Everyone that I know is forecasting a meaningful increase in inflation in coming months from tariffs.
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