Jerome Powell said...

The things that are sold at retail now might have been put into inventory before the tariffs, so we think we should see ...

the path of policy will depend entirely on incoming economic information and what that means for the outlook.

Policy changes continue to evolve, and their effects on the economy remain uncertain.

We're in the right place to wait and see how things evolve. We don't feel like we need to be in a hurry. We feel like it...