I have nothing for you on that today.
Editor's note · Context
Powell responds to a question about his future at the Fed after his term ends.
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In effect, we went on hold when we saw the size of the tariffs, and essentially all inflation forecasts for the United States went up materially as a consequence of the tariffs.
I wouldn’t want to point to a particular meeting. I don’t think we need to be in any rush because the economy is still strong.
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.
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.





