On the recordMay 5, 2025
the Fed’s obligation is to keep longer-term inflation expectations anchored to make certain that a one time increase in the price level (from tariffs) does not become an ongoing inflation problem.
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usatoday.comEditor's note · Context
Powell emphasizes the importance of managing inflation expectations.
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More from Jerome Powell
Jul 1, 2025
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, and so do all of my colleagues, that's all we ever want.
Jun 30, 2025
Tariffs this year are likely to push up prices and weigh on economic activity.
Jun 27, 2025
Part of that is due to the start-stop nature of the tariffs that have been introduced.
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