Jerome Powell actually said...

the Fed would assess which goal – stable prices or maximum employment – is furthest away and prioritize achieving it.

Powell outlines the Fed's approach to conflicting economic goals.

05/05/2025

More Jerome Powell Quotes

The net effect of these policy changes that will matter for the economy and for the path of monetary policy.

uncertainty around the changes and their likely effects remains high.

the central bank is well positioned to wait for greater clarity

Sentiment readings have not been a good predictor of consumption growth in recent years.