Jerome Powell actually said...

I do think that as this expansion has continued, we have started to see people at the lower end of the wage scale get the bulk of the benefits.

Powell acknowledges that economic growth benefits lower-income individuals.

11/13/2019

More Jerome Powell Quotes

These are very fundamental policy changes.

Tariffs could lead to inflation, economic slowdown.

The level of the tariff increases announced so far is significantly larger than anticipated.

we would consider how far the economy is from each goal