Jerome Powell: “I would expect to have a perfectly normal, good, constructive working relationship with a new Vice Chair for…”

If any administration finds a way to remove Fed officials over policy differences, then future administrations will do so as well.

The public would lose faith that the central bank will make decisions based only on what’s best for all Americans.

Rising downside risks to employment have shifted our assessment of the balance of risks

Stopping sooner could have made some difference, but not likely enough to fundamentally alter the trajectory of the economy