On the recordMarch 23, 2021
We are not at all satisfied with where we are.
Source
congress.govWe are not at all satisfied with where we are.
Chairman Powell expresses dissatisfaction with the current diversity at the Federal Reserve.
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More from Jerome Powell
In effect, we went on hold when we saw the size of the tariffs, and essentially all inflation forecasts for the United States went up materially as a consequence of the tariffs.
If we're going to do that successfully, we need to do it in a completely nonpolitical way, which means we don't take sides, we don't play one side against the other, we stay out of issues that are really not our bailiwick.