On the recordJuly 1, 2025
I have a little more than 10 months left on my term as chair, and all I want, and all anyone at the Fed wants, is to deliver an economy that has price stability, maximum employment, financial stability.
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newsweek.comI have a little more than 10 months left on my term as chair, and all I want, and all anyone at the Fed wants, is to deliver an economy that has price stability, maximum employment, financial stability.
Powell outlines his goals for the economy during his remaining term as chair.
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What's tended to happen is when there's turmoil in the Middle East, you may see a spike in energy prices.
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.
From my standpoint, it’s not complicated. What everyone on the [Federal Open Market Committee] wants is a good, solid American economy with strong labor market and price stability. That’s what we want.