Jerome Powell said...

The current economic downturn is the most severe in our lifetimes, and more fiscal support is likely to be needed.

Powell emphasizes the severity of the economic downturn and the need for fiscal support.

09/22/2020

More Jerome Powell Quotes

We're in the right place to wait and see how things evolve. We don't feel like we need to be in a hurry. We feel like it...

For the time being, we are well positioned to wait to learn more about the likely course of the economy before consideri...

Longer-term interest rates are a good deal higher now, driven largely by real rates given the stability of longer-term i...

Part of that is due to the start-stop nature of the tariffs that have been introduced.