Jerome Powell 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

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

Part of that is due to the start-stop nature of the tariffs that have been introduced.

We do expect to see more of that over the course of the summer.

As long as the U.S. economy is in solid shape, the prudent thing to do is to wait and learn more and see what the effect...