Political Quotes

On the recordMay 14, 2025
We may be entering a period of more frequent, and potentially more persistent, supply shocks — a difficult challenge for the economy and for central banks.
Said by
Jerome Powell
Republican · District of Columbia

Editor's note · Context

Powell warns of ongoing supply shocks affecting the economy and central banking.

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More from Jerome Powell

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If we move too quickly, then we may leave the inflation job unfinished and have to come back later and finish it.

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I have a little more than 10 months left on my term as chair, and all I want, and all anyone at the Fed wants, is to deliver an economy that has price stability, maximum employment, financial stability.

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