Jerome Powell: “the economy has recovered more quickly, generally, continually.”

Tariffs this year are likely to push up prices and weigh on economic activity.

As long as the economy is in solid shape, we think the prudent thing to do is to wait and see what those effects might be.

I won’t bow to political pressure when it comes to setting monetary policy.

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 one side against the other, we stay out of issues that are really not our bailiwick.