Jerome Powell: “Ultimately, as we are nearing full employment and everybody is back to work, it will then--at that point, it will come…”

When you significantly slow the growth of the labor force, you will slow the growth of the economy.

Everyone that I know is forecasting a meaningful increase in inflation in coming months from tariffs.

I want to hand over to my successor an economy in good shape.

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.