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

The U.S. economy is now in a good place. At the moment, unemployment is low, prices are near 2 percent inflation, so we're in a good place n...

The economy is doing very well.

I think a more protectionist approach to trade, if it is sustained over a period of time, has not historically been good for economies.

I strongly agree with you that trade needs to be fair as well as free.