Jerome Powell actually said...

Our independence is partly founded on the idea that we will stay out of stuff that you have not assigned us to do.

Powell emphasizes the Fed's need to maintain independence from political issues.

03/07/2023

More Jerome Powell Quotes

if not contained and reversed, the downturn could further widen gaps in economic well-being

Many employees are reluctant to go back quickly, and it may partly be that the $600 is generous compared to what they make.

Additional fiscal support could be costly but worth it if it helps avoid long-term economic damage and leaves us with a stronger recovery.

This is the time to use the great fiscal power of the United States to do what we can to support the economy.