On the recordJuly 1, 2025
I do think that’s right.
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cnn.comI do think that’s right.
Powell agrees that the Fed would have lowered rates without Trump's policy changes.
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'Everyone that I know is forecasting a meaningful increase in inflation in coming months from tariffs.'
Policy changes continue to evolve, and their effects on the economy remain uncertain.
I have a little more than 10 months left on my term as chair, and all I want, and all anyone at the Fed wants, is to deliver an economy that has price stability, maximum employment, financial stability.