On the recordJuly 14, 2021
I think we are experiencing a big uptick in inflation, bigger than many expected, bigger than certainly I expected.
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congress.govEditor's note · Context
Powell discusses unexpected inflation increases and the need for action.
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More from Jerome Powell
Jul 1, 2025
I have a little more than 10 months left on my term as chair, and all I want, and all anyone at the Fed wants, is to deliver an economy that has price stability, maximum employment, financial stability.
Oct 14, 2025
If we move too slowly, there may be unnecessary losses, painful losses in the employment market.
Jul 1, 2025
So we didn't overreact — in fact, we didn't react at all. We're simply taking some time.
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