Political Quotes

On the recordJune 30, 2025
Tariffs this year are likely to push up prices and weigh on economic activity.
Said by
Jerome Powell
Republican · District of Columbia

Editor's note · Context

Powell explains the impact of Trump's tariffs on inflation.

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More from Jerome Powell

Jun 20, 2025

We do expect to see more of that over the course of the summer.

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Jun 24, 2025

The things that are sold at retail now might have been put into inventory before the tariffs, so we think we should see [higher prices] over the summer.

cbsnews.com
May 4, 2023

No one should assume that the fed can really protect the economy and the financial system, or our reputation globally from the damage that a U.S. default might inflict.

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Mar 20, 2024

It is well past time we all have an adult conversation about fiscal responsibility.

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