Jerome Powell: “It's a low-hiring environment. So if you have a job, it's all good, but... if you have to find a job, the job-finding…”

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.

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.

So we didn't overreact — in fact, we didn't react at all. We're simply taking some time.

I want to hand over to my successor an economy in good shape.