Jerome Powell actually said...

We understand that elevated levels of unemployment or inflation can be damaging and painful for communities, families, and businesses.

Powell acknowledges the societal impact of high unemployment and inflation.

04/15/2025

More Jerome Powell Quotes

It is well past time we all have an adult conversation about fiscal responsibility.

So our part of it is to try to get inflation under control, and that is what we are doing, and ideally we will do that with as little as pos...

So our part of it is to try to get inflation under control, and that is what we are doing, and ideally we will do that with as little as pos...

We want, in particular, the GSIBs, the eight largest banks, to have high levels, very high levels of capital and liquidity.