Jerome Powell: “We do not have a lot of tools to address the income inequality.”

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

The public would lose faith that the central bank will make decisions based only on what’s best for all Americans.

If any administration finds a way to remove Fed officials over policy differences, then future administrations will do so as well.

If we move too slowly, there may be unnecessary losses, painful losses in the employment market.