Jerome Powell actually said...

It is actually really important that we achieve our 2 percent target because our credibility is important on that front.

Powell emphasizes the importance of maintaining the inflation target for credibility.

11/27/2017

More Jerome Powell Quotes

A recent decline in commodity prices was evidence that price pressures will cool as supply bottlenecks from reopening the economy are worked...

the longest in our history.

The Federal Reserve is looking thoughtfully at central bank digital currency.

There is no doubt that climate change poses profound challenges for the global economy and certainly the financial system.