Jerome Powell: “I would be wary of prescriptive things like limiting dividends and that sort of thing.”

The Fed’s credibility would be lost.

There are no new water features, there’s no beehives, and there’s no roof terrace gardens

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.

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.