Jerome Powell: “We understand that elevated levels of unemployment or inflation can be damaging and painful for communities, families…”

I haven’t heard that.

We’re trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.

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

Job growth, he said, has slowed considerably and that the downside risks to employment are rising.