Jerome Powell said...

This would be a complicated and challenging judgment we would have to make

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...

The same is likely to be true of the economic effects, which will include higher inflation and slower growth.

the Fed’s caution is Trump’s own tariff agenda, which is highly likely to generate at least a temporary rise in inflatio...