Jerome Powell: “We are not trying to foster that. We are not trying to push that.”

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

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.

Everyone that I know is forecasting a meaningful increase in inflation in coming months from tariffs.

If we move too quickly, then we may leave the inflation job unfinished and have to come back later and finish it.