Jerome Powell actually said...

We're trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.

Powell highlighted the Fed's goal of maintaining economic stability.

07/01/2025

More Jerome Powell Quotes

If we're going to do that successfully, we need to do it in a completely nonpolitical way, which means we don't take sides, we don't play on...

I do think that’s right.

So we didn't overreact — in fact, we didn't react at all. We're simply taking some time.

I want to hand over to my successor an economy in good shape.