On the recordJune 27, 2025
Part of that is due to the start-stop nature of the tariffs that have been introduced.
Part of that is due to the start-stop nature of the tariffs that have been introduced.
Powell explains how fluctuating tariffs may lead to higher inflation.
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We do not take into account the fortunes of any political party or politician.
When you significantly slow the growth of the labor force, you will slow the growth of the economy.
If we move too quickly, then we may leave the inflation job unfinished and have to come back later and finish it.
I have a little more than 10 months left on my term as chair, and all I want, and all anyone at the Fed wants, is to deliver an economy that has price stability, maximum employment, financial stability.