Jerome Powell: “While uncertainty remains elevated, it is now becoming clear that the tariff increases will be significantly larger than…”

We're trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.

There are no new water features, there’s no beehives, and there’s no roof terrace gardens

If we're going to do that successfully, we need to do it in a completely nonpolitical way, which means we don't take sides, we don't play one side against the other, we stay out of issues that are really not our bailiwick.

Job growth, he said, has slowed considerably and that the downside risks to employment are rising.