Jerome Powell: “Increases in tariffs this year are likely to push up prices and weigh on economic activity”

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

The public would lose faith that the central bank will make decisions based only on what’s best for all Americans.

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

The outlook for employment and inflation does not appear to have changed much since our September meeting