On the recordNovember 13, 2019
We are committed to providing clear explanations about our policies and actions.
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congress.govWe are committed to providing clear explanations about our policies and actions.
Powell emphasizes the Fed's commitment to transparency in monetary policy.
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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.
the outlook for employment and inflation does not appear to have changed much since our September meeting
Tariffs this year are likely to push up prices and weigh on economic activity.