Jerome Powell: “the Fed’s caution is Trump’s own tariff agenda, which is highly likely to generate at least a temporary rise in…”

If we're going to do that successfully, we need to do it in a completely nonpolitical way, which means we don't take sides, we don't play one side against the other, we stay out of issues that are really not our bailiwick.

Everyone that I know is forecasting a meaningful increase in inflation in coming months from tariffs.

We may approach that point in coming months

We’re trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.