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

I would expect to have a perfectly normal, good, constructive working relationship with a new Vice Chair for Supervision.

inflation will abate one way or the other.

We know that high inflation takes a toll on families, especially those less able to meet the higher costs of essentials, like food, housing ...

it was essential for Congress to act quickly.