Political Quotes

On the recordJune 24, 2025
It would be inappropriate for us to comment on the policy of tariffs.
Said by
Jerome Powell
Republican · District of Columbia
Source
cnn.com

Editor's note · Context

Powell states the Fed's neutrality regarding tariff policies.

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It is absolutely the case that Congress will need to authorize the Federal Reserve to issue a CBDC.

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The effects on inflation could be short lived — reflecting a one-time shift in the price level.

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Part of that is due to the start-stop nature of the tariffs that have been introduced.

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We do expect to see more of that over the course of the summer.

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