Jerome Powell: “I am worried about a lot of these stablecoins and other cryptocurrencies. Do they go to zero when we come up with a CBDC…”

As long as the U.S. economy is in solid shape, the prudent thing to do is to wait and learn more and see what the effect might be.

It is a big risk to our independence if we were to stray into areas where we shouldn’t that really aren’t part of our mandate.

Overall, while the labor market appears to be in balance, it is a curious kind of balance that results from a marked slowing in both the supply of and demand for workers.

I haven’t heard that.