Jerome Powell said...

We're in the right place to wait and see how things evolve. We don't feel like we need to be in a hurry. We feel like it...

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

The effects on inflation could be short lived — reflecting a one-time shift in the price level.

I don’t think it’s up to a Fed chair to seek a meeting with the president