Jerome Powell said...

We will do that. I will say, though, that monetary policy as a tool is famously a broad--it is a broadly effective tool.

Powell acknowledges the limitations of monetary policy in targeting specific groups.

02/22/2021

More Jerome Powell Quotes

We do expect to see more of that over the course of the summer.

What's tended to happen is when there's turmoil in the Middle East, you may see a spike in energy prices.

If we're going to do that successfully, we need to do it in a completely nonpolitical way, which means we don't take sid...

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 b...