Jerome Powell actually said...

Today, the amount of the tariff effects — the size of the tariff effects, their duration and the time it will take are all highly uncertain.

Powell discusses uncertainties related to tariffs and their impact on the economy.

06/19/2025

More Jerome Powell Quotes

At the Fed, we are squarely focused on achieving the dual-mandate goals Congress has given us of maximum employment and stable prices

significantly larger than expected

it is also possible that the effects could be more persistent

It is not permitted under the law for the president to fire or demote him or any of the other Fed governors with leadership positions.