Jerome Powell actually said...

'Everyone that I know is forecasting a meaningful increase in inflation in coming months from tariffs.'

Powell discussed inflation forecasts related to tariffs during his remarks.

06/25/2025

More Jerome Powell Quotes

With our policy stance now significantly less restrictive than it had been and the economy remaining strong, we do not need to be in a hurry...

It's a low-hiring environment. So if you have a job, it's all good, but... if you have to find a job, the job-finding rate—the hiring rates ...

Growth is definitely stronger than we thought, and inflation is coming a little higher.

Growth is definitely stronger than we thought, and inflation is coming a little higher.