Jerome Powell actually said...

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.

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

07/01/2025

More Jerome Powell Quotes

I certainly think that our supervision has been shown to have been lax in not being assertive enough.

That is my focus, is going forward.

We believe that it would be appropriate to have quite a robust Federal role in what happens with stablecoins going forward.

We at the Fed remain squarely focused on our dual mandate to promote maximum employment and stable prices for the American people.