Jerome Powell actually said...

While uncertainty remains elevated, it is now becoming clear that the tariff increases will be significantly larger than expected.

Powell warns about the economic impact of increased tariffs.

04/03/2025

More Jerome Powell Quotes

Progress is probably delayed for the time being.

Uncertainty around the economic outlook has increased.

Inflation has started to move up now, we think, partly in response to tariffs.

Inflation has started to move up.