On the recordApril 15, 2025
There isn’t a modern experience of how to think about this.
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cnn.comThere isn’t a modern experience of how to think about this.
Powell discusses the unprecedented nature of Trump's tariff policy.
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If we move too quickly, then we may leave the inflation job unfinished and have to come back later and finish it.
Rising downside risks to employment have shifted our assessment of the balance of risks
If we move too slowly, there may be unnecessary losses, painful losses in the employment market.
Tariffs this year are likely to push up prices and weigh on economic activity.