Jerome Powell actually said...

I think we are experiencing a big uptick in inflation, bigger than many expected, bigger than certainly I expected.

Powell discusses unexpected inflation increases and the need for action.

07/14/2021

More Jerome Powell Quotes

How will tariffs and new immigration policy affect the Fed’s mission to bring down inflation?

The Committee seeks to achieve inflation that averages 2 percent over time.

I have spent most of my career in the private sector, and what I observed was that really successful institutions in the United States--comp...

Not at all.