Jerome Powell 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

increases in tariffs this year are likely to push up prices and weigh on economic activity

The U.S. economy was in solid shape, but warned of very high uncertainty due to the impact of tariffs.

Today, the amount of the tariff effects — the size of the tariff effects, their duration and the time it will take are a...

If we make a mistake, people will pay the cost for a long time.