Jerome Powell actually said...

Looking ahead, higher tariffs will be working their way through our economy and are likely to raise inflation in coming quarters.

Powell discusses the future economic effects of tariffs.

04/03/2025

More Jerome Powell Quotes

We’re beginning to see some effects. We expect to see more.

I wouldn’t want to point to a particular meeting. I don’t think we need to be in any rush because the economy is still strong.

We will get to a place where we cut rates.

One of the reasons for why economic growth looks sluggish this year.