Jerome Powell said...

So we didn't overreact — in fact, we didn't react at all. We're simply taking some time.

'Everyone that I know is forecasting a meaningful increase in inflation in coming months from tariffs.'

From my standpoint, it’s not complicated. What everyone on the [Federal Open Market Committee] wants is a good, solid Am...

Part of that is due to the start-stop nature of the tariffs that have been introduced.