Jerome Powell said...

It’s not a situation where we can be pre-emptive, because we actually don’t know what the right response to the data will be until we see more data.

Powell discusses uncertainty in responding to economic data.

05/06/2025

More Jerome Powell Quotes

the path of policy will depend entirely on incoming economic information and what that means for the outlook.

We don't have to be in a hurry. The economy is resilient and doing fairly well.

Longer-term interest rates are a good deal higher now, driven largely by real rates given the stability of longer-term i...

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...