I intend to preserve the Federal Reserve's independence, which I see as essential for us to achieve our congressionally mandated goals.
Editor's note · Context
Powell emphasizes the importance of the Fed's independence for achieving its goals.
Share
More from Jerome Powell
As long as the U.S. economy is in solid shape, the prudent thing to do is to wait and learn more and see what the effect might be.
Stopping sooner could have made some difference, but not likely enough to fundamentally alter the trajectory of the economy
What keeps me awake at night is how do we get that done? I want to hand over to my successor an economy in good shape, and so do all of my colleagues, that's all we ever want.
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.





