On the recordApril 16, 2025
we would consider how far the economy is from each goal
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bbc.co.ukwe would consider how far the economy is from each goal
Powell discussed the Fed's approach to balancing inflation and unemployment.
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If we move too quickly, then we may leave the inflation job unfinished and have to come back later and finish it.
We’re trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.
Everyone that I know is forecasting a meaningful increase in inflation in coming months from tariffs.