Jerome Powell actually said...

[It] doesn’t affect doing our job at all. We're always going to consider only the economic data, the outlook, the balance of risks, and that's it.

Powell emphasizes that Trump's calls for lower rates do not influence the Fed's decisions.

05/06/2025

More Jerome Powell Quotes

Many employees are reluctant to go back quickly, and it may partly be that the $600 is generous compared to what they make.

if not contained and reversed, the downturn could further widen gaps in economic well-being

Additional fiscal support could be costly but worth it if it helps avoid long-term economic damage and leaves us with a stronger recovery.

This is the time to use the great fiscal power of the United States to do what we can to support the economy.