Jerome Powell: “They’re unhappy and they’re not wrong to be unhappy that prices went up quite a bit and they’re paying a lot for those…”

I want to hand over to my successor an economy in good shape.

The Fed’s credibility would be lost.

There are no new water features, there’s no beehives, and there’s no roof terrace gardens

As long as the U.S. economy is in solid shape, the prudent thing to do is to wait and learn more and see what the effect might be.