Jerome Powell: “As long as the economy is in solid shape, we think the prudent thing…”

On the recordJuly 1, 2025

As long as the economy is in solid shape, we think the prudent thing to do is to wait and see what those effects might be.

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Republican · District of Columbia

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Jul 1, 2025

Powell emphasized the need to monitor tariff impacts on the economy.

More from Jerome Powell

Oct 14, 2025

Without the ability to pay interest on reserves, the Fed would lose control over rates

Jun 3, 2026

We do not take into account the fortunes of any political party or politician.

Oct 14, 2025

We may approach that point in coming months

Jun 20, 2026

The Fed’s credibility would be lost.

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Jerome Powell: “As long as the economy is in solid shape, we think the prudent thing to do is to wait and see what those effects might…”