Jerome Powell: “As you look around the world, U.S. banks are competing very, very successfully. They are very profitable.”

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'm very focused on just doing my job.

without the ability to pay interest on reserves, the Fed would lose control over rates

Everyone that I know is forecasting a meaningful increase in inflation in coming months from tariffs.