Jerome Powell actually said...

Our best expectation is there will be modest upward pressure on prices this year, but they won't be particularly large or persistent in the future.

Chair Powell discussed expectations regarding inflation pressures.

11/30/2021

More Jerome Powell Quotes

We have got unemployment, as you know, at 4.1 percent, which is sort of at or near or even below most estimates of the natural rate of unemp...

We think we need the leverage ratio as a high and hard backstop to risk-based capital. We think that the current calibration of the enhanced...

I think the Reserve Banks do a good job, by the way, on this.

I will make you that commitment.