Jerome Powell: “And I completely understand and accept that.”

I think that's right

Tariffs this year are likely to push up prices and weigh on economic activity.

I have a little more than 10 months left on my term as chair, and all I want, and all anyone at the Fed wants, is to deliver an economy that has price stability, maximum employment, financial stability.

Overall, while the labor market appears to be in balance, it is a curious kind of balance that results from a marked slowing in both the supply of and demand for workers.