On the recordJune 22, 2022
We really need to restore price stability, and get inflation back down to 2 percent, because without that, we are not going to be able to have a sustained period of maximum employment.
Source
congress.govJerome Powell: “We really need to restore price stability, and get inflation back down to 2 percent, because without that, we are not…”
Editor's note · Context
Powell emphasizes the need to control inflation for sustained employment.
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More from Jerome Powell
Jun 30, 2025
Tariffs this year are likely to push up prices and weigh on economic activity.
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