On the recordMarch 10, 2025
The path to sustainably returning inflation to our target has been bumpy, and we expect that to continue.
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nbcnews.comEditor's note · Context
Powell discusses the challenges of controlling inflation rates.
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More from Jerome Powell
Jul 1, 2025
In effect, we went on hold when we saw the size of the tariffs, and essentially all inflation forecasts for the United States went up materially as a consequence of the tariffs.
Jul 1, 2025
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.
Oct 14, 2025
If we move too slowly, there may be unnecessary losses, painful losses in the employment market.
Jul 1, 2025
So we didn't overreact — in fact, we didn't react at all. We're simply taking some time.
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