Jerome Powell said...

without the ability to pay interest on reserves, the Fed would lose control over rates

Commenting on the implications of a Senate measure regarding interest on reserves.

10/14/2025

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America’s economy has been resilient. Part of that is our stance. We think we’re in a good place on that, to respond to ...

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

Tariffs this year are likely to push up prices and weigh on economic activity.

For the time being, we are well positioned to wait to learn more about the likely course of the economy before consideri...