On the recordApril 3, 2025
At the Fed, we are squarely focused on achieving the dual-mandate goals Congress has given us of maximum employment and stable prices
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cbsnews.comAt the Fed, we are squarely focused on achieving the dual-mandate goals Congress has given us of maximum employment and stable prices
Powell emphasized the Fed's commitment to maintaining employment and price stability.
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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.
As long as the economy is in solid shape, we think the prudent thing to do is to wait and see what those effects might be.