Jerome Powell: “Clearly some of it, a good part of it, is coming from tariffs.”

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

I won’t bow to political pressure when it comes to setting monetary policy.

I think that's right

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.