Jerome Powell actually said...

We may be entering a period of more frequent, and potentially more persistent, supply shocks — a difficult challenge for the economy and for...

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

if the large increases in tariffs that have been announced are sustained, they're likely to generate a rise in inflation, a slowdown in econ...

We've judged that the risk to higher inflation and unemployment has risen