Jerome Powell: “If it results in higher tariffs, then I think--you know, I hardly need to tell you what higher tariffs would do for…”

If any administration finds a way to remove Fed officials over policy differences, then future administrations will do so as well.

The public would lose faith that the central bank will make decisions based only on what’s best for all Americans.

Rising downside risks to employment have shifted our assessment of the balance of risks

The Fed’s credibility would be lost.