Jerome Powell said...

The threat of worsening inflation, plus the uncertainty Trump has generated through his trade war and immigration polici...

For the time being, we are well positioned to wait to learn more about the likely course of the economy before consideri...

Longer-term interest rates are a good deal higher now, driven largely by real rates given the stability of longer-term i...

The effects on inflation could be short lived — reflecting a one-time shift in the price level.