Jerome Powell actually said...

Well, let me say again that these decisions get made, a lot of them, at the local level.

Powell discusses the importance of local decision-making regarding school closures.

09/22/2020

More Jerome Powell Quotes

Policy changes continue to evolve, and their effects on the economy remain uncertain.

The effects on inflation could be short lived — reflecting a one-time shift in the price level.

One of the reasons for why economic growth looks sluggish this year.

increases in tariffs this year are likely to push up prices and weigh on economic activity