I think it is really important for the longer run that we get the housing finance system off the Federal Government's balance sheet and using market forces and some of the things that are already in place and carry forward some kind of a reform.
Emphasizes the need for housing finance reform to benefit the economy long-term.
Share
More from Jerome Powell
Part of that is due to the start-stop nature of the tariffs that have been introduced.
Everyone that I know is forecasting a meaningful increase in inflation in coming months from tariffs.
Rising downside risks to employment have shifted our assessment of the balance of risks
Stopping sooner could have made some difference, but not likely enough to fundamentally alter the trajectory of the economy
Other voices in this conversation
