Jerome Powell: “Overall, while the labor market appears to be in balance, it is a curious kind of balance that results from a marked…”

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.

We may approach that point in coming months

Everyone that I know is forecasting a meaningful increase in inflation in coming months from tariffs.

In effect, we went on hold when we saw the size of the tariffs, and essentially all inflation forecasts for the United States went up materially as a consequence of the tariffs.