Jerome Powell actually said...

We are all thinking about that----and really asking ourselves whether we have the right frame of reference.

Powell acknowledges the need for a proper understanding of inflation.

07/14/2021

More Jerome Powell Quotes

It would be inappropriate for us to comment on the policy of tariffs.

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

increases in tariffs this year are likely to push up prices and weigh on economic activity

We will get to a place where we cut rates.