Jerome Powell said...

If we move too slowly, there may be unnecessary losses, painful losses in the employment market.

So we didn't overreact — in fact, we didn't react at all. We're simply taking some time.

What keeps me awake at night is how do we get that done? I want to hand over to my successor an economy in good shape, a...

If we're going to do that successfully, we need to do it in a completely nonpolitical way, which means we don't take sid...