Jerome Powell 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 the large increases in tariffs that have been announced are sustained, they're likely to generate a rise in inflation...

This would be a complicated and challenging judgment we would have to make

The level of the tariff increases announced so far is significantly larger than anticipated.

America’s economy has been resilient. Part of that is our stance. We think we’re in a good place on that, to respond to ...