Jerome Powell actually said...

it is also possible that the effects could be more persistent

Powell warned that the inflation effects from tariffs might last longer than expected.

04/03/2025

More Jerome Powell Quotes

I think our goal should be to not have poverty.

I think our economy has been market-based, and I think that has served the public well.

I think it would remove uncertainty about our trade policy with Mexico and Canada to have that pass.

I do. I very much do.