Jerome Powell 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

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

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

The U.S. economy was in solid shape, but warned of very high uncertainty due to the impact of tariffs.

We're in the right place to wait and see how things evolve. We don't feel like we need to be in a hurry. We feel like it...