Jerome Powell: “I have grown increasingly concerned about our ever more unsustainable fiscal position.”

I have a little more than 10 months left on my term as chair, and all I want, and all anyone at the Fed wants, is to deliver an economy that has price stability, maximum employment, financial stability.

As long as the U.S. economy is in solid shape, the prudent thing to do is to wait and learn more and see what the effect might be.

I do think that’s right.

We do not take into account the fortunes of any political party or politician.