On the recordFebruary 22, 2021
But, more generally, Senator, I think focusing on things that will make a longer-run difference to our economy is what I would do.
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congress.govEditor's note · Context
Powell suggests a long-term focus for economic improvement.
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More from Jerome Powell
Jul 1, 2025
What keeps me awake at night is how do we get that done? I want to hand over to my successor an economy in good shape, and so do all of my colleagues, that's all we ever want.
Jul 1, 2025
In effect, we went on hold when we saw the size of the tariffs, and essentially all inflation forecasts for the United States went up materially as a consequence of the tariffs.
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As long as the U.S. economy is in solid shape, the prudent thing to do is to wait and learn more and see what the effect might be.
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