Jerome Powell actually said...

We are going to guard that border carefully, and we are going to stick to our role and not try to be policymakers.

Powell reassures that the Fed will avoid overstepping into climate policy.

03/07/2023

More Jerome Powell Quotes

For the time being, we are well positioned to wait for greater clarity.

The same is likely to be true of the economic effects, which will include higher inflation and slower growth.

There isn’t a modern experience of how to think about this.

Unemployment is likely to go up as the economy slows.