Jerome Powell said...

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...

The things that are sold at retail now might have been put into inventory before the tariffs, so we think we should see ...

increases in tariffs this year are likely to push up prices and weigh on economic activity

Trump's tariffs could present a potential conflict between its mandate to keep prices stable and promote full employment...