Jerome Powell: “allow boards of directors and management to spend a smaller portion of their time on technical compliance exercises and…”

Part of that is due to the start-stop nature of the tariffs that have been introduced.

We’re trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.

Stopping sooner could have made some difference, but not likely enough to fundamentally alter the trajectory of the economy

Overall, while the labor market appears to be in balance, it is a curious kind of balance that results from a marked slowing in both the supply of and demand for workers.