On the recordJune 20, 2025
We do expect to see more of that over the course of the summer.
We do expect to see more of that over the course of the summer.
Powell anticipates inflation effects from tariffs will increase in summer.
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If we're going to do that successfully, we need to do it in a completely nonpolitical way, which means we don't take sides, we don't play one side against the other, we stay out of issues that are really not our bailiwick.
If any administration finds a way to remove Fed officials over policy differences, then future administrations will do so as well.