Jerome Powell said...

There is no indication in wages that the labor market is overheating or even hot.

Powell comments on the lack of wage growth despite low unemployment rates.

11/27/2017

More Jerome Powell Quotes

The threat of worsening inflation, plus the uncertainty Trump has generated through his trade war and immigration polici...

For the time being, we are well positioned to wait for greater clarity.

the Fed would assess which goal – stable prices or maximum employment – is furthest away and prioritize achieving it.

Trump's tariffs could present a potential conflict between its mandate to keep prices stable and promote full employment...