Jerome Powell actually said...

No, we don't borrow money. We don't shut down the Fed when we have negative income.

Powell clarifies that the Fed does not borrow money despite negative income.

03/07/2023

More Jerome Powell Quotes

The best approach is to deal directly with the people who are affected rather than falling back on tariffs.

I do.

We have got unemployment, as you know, at 4.1 percent, which is sort of at or near or even below most estimates of the natural rate of unemp...

We think we need the leverage ratio as a high and hard backstop to risk-based capital. We think that the current calibration of the enhanced...